Ben Bartenstein

Abu Dhabi's $1 trillion wealth fund is embracing a more scientific approach to investing, leaning more on its own quant team to speed up decision-making as it seeks to bolster returns.

The US Treasury Department is examining JPMorgan Chase & Co.’s relationship with a hedge fund that’s said to be part of a network overseen by Iranian oil trader Hossein Shamkhani.

(Bloomberg) -- The US Treasury Department is examining JPMorgan Chase & Co.'s relationship with a hedge fund that's said to be part of a network overseen by Iranian oil trader Hossein Shamkhani.

A hedge fund that's said to be part of a network overseen by Iranian oil trader Hossein Shamkhani has told its London employees that the firm will go into liquidation, according to people familiar with the matter.

A hedge fund that’s said to be part of a network overseen by Iranian oil trader Hossein Shamkhani has told its London employees that the firm will go into liquidation, according to people familiar with the matter.

Hossein Shamkhani, whose father is a senior figure in Tehran, has emerged as a major player in the supply of Iranian arms to Russia, according to US officials and people familiar with his dealings.

Moscow reportedly pays for the shipments with cargoes of petroleum.

Hossein Shamkhani used citizenship-by-investment programs to gain access to the international banking system -- a position he protected through relationships in the UAE and Washington.

En una sinuosa carretera que bordea las costas de la caribeña isla de Dominica se alzan cadenas de hoteles de lujo parcialmente terminadas. A unos kilómetros al norte, se encuentra el futuro puerto deportivo de Portsmouth, un proyecto que pretende atraer superyates a la isla.

Oman’s central bank chief Tahir Al Amri told colleagues he intends to step down from the role, according to an internal memo seen by Bloomberg News, which didn’t give a timeframe or name a successor.