Former Citigroup Inc head Sanford "Sandy" Weill was appointed as the Chairman of the Board of the reinsurance company Hamilton Insurance Group Ltd, Bloomberg reported.
SAC Capital Advisors, led by billionaire Steve A. Cohen, had been in discussion with potential buyers to sell its reinsurance business, according to sources.
Taiwan's banks have become minefields for private equity companies.
The case against SAC Capital and Michael Steinberg was bolstered with the testimony of former analyst Ron Dennis as an uncharged co-conspirator.
SAC Capital founder Steven Cohen ended charges of insider trading with a USD616 million settlement deal.
Ex-SAC Capital fund manager Mathew Martoma was charged with insider trading after having received tips from a source identified as "Doctor-2".
SAC probe led the arrest of Sandeep Aggarwal yesterday, after having been charged to illegally provide tips to former hedge fund manager, Richard Lee.
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
Billionaire Steven Cohen's hedge fund pleaded not guilty to five separate criminal charges in federal court.
SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.
Z Capital acquires minority ownership of Neways.
Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.