Hedge funds suffer losses amid prospect of interest rate increases
Computer-driven hedge funds Bluetrend, which is run by Leda Braga’s Systematica Investments, and London-based Aspect Capital are among those to have lost money last month after the Bank of England and Federal Reserve pointed at rate rises, reversing declines in the pound and the dollar. (WSJ)

Lloyds accused of ‘mugging’ shareholders in 2008 HBOS deal
Lloyds Banking Group and five of its former directors, including Victor Blank and Eric Daniels, “mugged” the lender’s shareholders during the acquisition of HBOS, the high court heard yesterday. (Guardian)