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Saba Capital, famed for 'London Whale' bet, to shut London office

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New York-based Saba Capital Management, famed for its winning bet against the JPMorgan Chase trader known as the 'London Whale', is closing its office in London's Mayfair district, two sources close to the situation told Reuters. The $1.8 billion (£1.4 billion) hedge fund firm will move European trading operations to…

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Click here to read the full story: Reuters

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