Shuttering Watch ’13: SAC UK

SAC Capital’s London office is reportedly packing it in.

SAC Capital Advisors LP plans to shut down its London office as the $14 billion hedge-fund firm founded by Steven A. Cohen scales back in the face of insider-trading allegations by U.S. prosecutors, according to a person with direct knowledge of the decision. SAC, headquartered in Stamford, Connecticut, will close down the U.K. office by the end of the year, said the person


(hidden for your protection)
Show all comments

5 Responses to “Shuttering Watch ’13: SAC UK”

  1. Guest says:

    Yeah London, you know, fish, chips, cup o'tea, bad food, worse weather, Mary fuckin' Poppins London

  2. Guest says:

    How much do they pay in commish a year? This is bad news. There will be a knock on effect.