Latest Hedge fund management News

Dubai court rejects Danish extradition request for financier

Sep. 12, 2022 21:40 PM EDT

DUBAI, United Arab Emirates (AP) — A Dubai court ruled on Monday that a British man suspected of masterminding a $1.7 billion tax scheme cannot be extradited to Denmark to face charges. The decision in the high-profile case grants the hedge fund trader, Sanjay Shah, a victory...

In Dubai, $1.7B Denmark fraud suspect contests extradition

Sep. 05, 2022 15:26 PM EDT

DUBAI, United Arab Emirates (AP) — The lawyer of a British man who was arrested in Dubai for allegedly masterminding a $1.7 billion tax scheme in Denmark asked judges on Monday not to extradite him. Denmark wants hedge fund trader Sanjay Shah extradited from the United Arab...

Sinema took Wall Street money while killing tax on investors

Aug. 13, 2022 20:55 PM EDT

WASHINGTON (AP) — Sen. Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party’s longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equity professionals, hedge fund managers and venture capitalists whose taxes...

Dems change some tax provisions as they ready economic bill

Aug. 06, 2022 02:58 AM EDT

WASHINGTON (AP) — Democrats pared part of their proposed minimum tax on huge corporations and made other changes in their giant economic bill, Senate Majority Leader Chuck Schumer said Friday, as they drove toward delivering a campaign-season victory to President Joe Biden on his domestic agenda....

Sinema gives her nod, and influence, to Democrats' big bill

Aug. 05, 2022 15:49 PM EDT

WASHINGTON (AP) — Sen. Joe Manchin sealed the deal reviving President Joe Biden’s big economic, health care and climate bill. But it was another Democratic senator, Kyrsten Sinema of Arizona, who intently, quietly and deliberately shaped the final product. Democrats pushed ahead...