Shock spreads as Gartmore suspends Rambourg

Wed Mar 31, 2010




The shockwaves reverberating through the City of London in the wake of last week's arrests of seven people in a major FSA/SOCA insider dealing probe spread in a new direction this week as Gartmore announced the suspension of one of its star European equity fund managers, Guillaume Rambourg.

In a move that publicly-quoted Gartmore says is unconnected with last week's arrests - which included well-known individuals at Moore Capital, Exane BNP Paribas and Deutsche Bank - the group said the suspension of Rambourg had been initiated...

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