Multimillionaire begins case against FCA ban over handling of investigation into sexual misconduct claims

The multimillionaire financier Crispin Odey was described by the head of his hedge fund as a “sex pest” and a sociopath and blamed an incident in which he allegedly groped a female staff member’s breasts on a sedative he had taken, a tribunal has heard.

The Brexit-backing hedge fund chief’s behaviour came under the microscope on the first day of a lawsuit he has brought against the financial services regulator over his exile from the City.

Citadel hedge fund boss, Republican donor and vocal Trump critic says administration has made ‘distasteful’ choices not in the public interest

The billionaire investor Ken Griffin has accused Donald Trump’s administration of “enriching” its families, and criticised its interference in American businesses as “distasteful”.

Griffin, who is the chief executive of the hedge fund Citadel and a large Republican donor, rebuked the Trump administration, saying it “has definitely made missteps in choosing decisions or courses that have been very, very enriching to the families of those in the administration”.