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	<title>Hedge Fund News From HedgeCo.Net &#187; swiss bank</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>UBS names Sclater to head Singapore prime broking</title>
		<link>http://www.hedgeco.net/news/08/2009/ubs-names-sclater-to-head-singapore-prime-broking.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/ubs-names-sclater-to-head-singapore-prime-broking.html#comments</comments>
		<pubDate>Wed, 12 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asia]]></category>
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		<category><![CDATA[ubs]]></category>

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		<description><![CDATA[Reuters &#8211; UBS has named Alastair Sclater to the new post of head of its Singapore prime brokerage, as the Swiss bank aims to build that business in Asia&#8217;s second-biggest centre for hedge funds. Singapore, which competes with rival Asian financial centre Hong Kong, has attracted asset managers, private banks and hedge funds in recent [...]]]></description>
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		<title>Credit Suisse Said to Hire BNP&#8217;s Randolph for Fund-Linked Sales</title>
		<link>http://www.hedgeco.net/news/08/2009/credit-suisse-said-to-hire-bnps-randolph-for-fund-linked-sales.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/credit-suisse-said-to-hire-bnps-randolph-for-fund-linked-sales.html#comments</comments>
		<pubDate>Wed, 05 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[bnp paribas securities]]></category>
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		<description><![CDATA[Bloomberg &#8211; Credit Suisse Group AG, the largest Swiss bank by market value, hired Trevor Randolph from BNP Paribas Securities as a senior sales executive for its fund- linked products unit, a person familiar with the matter said. Randolph, 36, will be a director and report to Jeff Jaenicke and Walter Rotondo, global head of [...]]]></description>
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		<title>Investor in Petters&#8217; alleged scheme charged</title>
		<link>http://www.hedgeco.net/news/07/2009/investor-in-petters-alleged-scheme-charged.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/investor-in-petters-alleged-scheme-charged.html#comments</comments>
		<pubDate>Mon, 13 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[anoka county jail]]></category>
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		<description><![CDATA[Kare11.com &#8211; An Illinois hedge fund manager who claimed to be the biggest victim of Minnesota businessman Tom Petters&#8217; alleged Ponzi scheme was actually a participant in it, the Securities and Exchange Commission says. Greg Bell and his company, Lancelot Investment Management, were charged with fraud Friday. The SEC said it also moved to freeze [...]]]></description>
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		<title>UBS sees hedge fund assets shrinking</title>
		<link>http://www.hedgeco.net/news/03/2009/ubs-sees-hedge-fund-assets-shrinking.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/ubs-sees-hedge-fund-assets-shrinking.html#comments</comments>
		<pubDate>Tue, 24 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[Reuters &#8211; Hedge fund assets will continue to shrink this year, falling as much as two-thirds from their 2007 peak, but investors will return and assets will rebound when the economy revives, Alex Ehrlich, global head of prime services at Swiss bank UBS, said on Monday. Last year was the hedge fund industry&#8217;s worst ever, [...]]]></description>
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		<title>UBS defies US demands on secret accounts</title>
		<link>http://www.hedgeco.net/news/03/2009/ubs-defies-us-demands-on-secret-accounts.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/ubs-defies-us-demands-on-secret-accounts.html#comments</comments>
		<pubDate>Thu, 05 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[accounts in switzerland]]></category>
		<category><![CDATA[banking secrecy]]></category>
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		<category><![CDATA[wealthy americans]]></category>

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		<description><![CDATA[Breitbart.com &#8211; Banking giant UBS Wednesday defied pressure to name about 50,000 Americans holding secret bank accounts in Switzerland as the nation&#8217;s financial culture came under a withering fire. US senators accused bankers at crisis-wracked UBS of helping wealthy Americans to flout US tax law through a variety of underhand methods down to encrypted laptops [...]]]></description>
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		<title>With Trial Looming, Fate of UBS Looks Grim</title>
		<link>http://www.hedgeco.net/news/03/2009/with-trial-looming-fate-of-ubs-looks-grim.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/with-trial-looming-fate-of-ubs-looks-grim.html#comments</comments>
		<pubDate>Tue, 03 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; UBS may have until July 13 to &#8220;vigorously contest&#8221; the demands of the Internal Revenue Service to disclose the names associated with 52,000 offshore bank accounts, but the vice that the troubled Swiss bank is finding themselves in is getting tighter by the day.&#160; Tales of tax evasion, secrecy, greed, and [...]]]></description>
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		<title>UBS, Stanford Propel Offshore Crackdown</title>
		<link>http://www.hedgeco.net/news/02/2009/ubs-stanford-propel-offshore-crackdown.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/ubs-stanford-propel-offshore-crackdown.html#comments</comments>
		<pubDate>Wed, 25 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; A federal judge has set a July 13 hearing for UBS, in which they may be forced to disclose names associated with 52,000 secret Swiss bank accounts holding more than $14.8 billion in assets.&#160; UBS continues to assert that by providing these names, they are compromising overseas privacy laws as well [...]]]></description>
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		<title>Madoff Hedge Fund Shut Down by Luxembourg Regulators</title>
		<link>http://www.hedgeco.net/news/02/2009/madoff-hedge-fund-shut-down-by-luxembourg-regulators.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/madoff-hedge-fund-shut-down-by-luxembourg-regulators.html#comments</comments>
		<pubDate>Wed, 04 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Swiss bank UBS AG&#8217;s money manager, Luxalpha, was one of the main European hedge funds that gave money to US money manager Bernard Madoff, it is now being shut down by CSSF, Luxembourg&#8217;s financial supervisors. The Luxalpha assets were frozen in January, in what appears to be the first court [...]]]></description>
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		<item>
		<title>Bank Safdie Dodges Madoff Loss, Predicts More Hedge Fund Rules</title>
		<link>http://www.hedgeco.net/news/01/2009/bank-safdie-dodges-madoff-loss-predicts-more-hedge-fund-rules.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/bank-safdie-dodges-madoff-loss-predicts-more-hedge-fund-rules.html#comments</comments>
		<pubDate>Thu, 08 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
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		<description><![CDATA[Bloomberg &#8211; Banque Safdie SA, the Geneva-based wealth manager that withdrew money invested with Bernard Madoff three years before his alleged Ponzi scheme unraveled, said the scandal will mean more hedge fund regulation. &#8220;What Madoff has done is highlight the lack of regulation,&#8221; Safdie Chief Executive Officer Claude Le Ber said in an interview from [...]]]></description>
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		<item>
		<title>UK hedge fund GAM tightens redemption controls</title>
		<link>http://www.hedgeco.net/news/12/2008/uk-hedge-fund-gam-tightens-redemption-controls.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/uk-hedge-fund-gam-tightens-redemption-controls.html#comments</comments>
		<pubDate>Fri, 26 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Reuters &#8211; British fund manager GAM on Wednesday said it had moved to restrict investor redemptions to once a quarter rather than once a month in its funds of hedge funds amid turmoil in the industry. A spokeswoman for GAM, which is owned by Swiss bank Julius Baer, confirmed the move after an earlier report [...]]]></description>
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