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Restructuring Underway At Soros Fund Management As Hong Kong Office To Shut

Markets,Banking and Finance

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An administrative restructuring is underway at Soros Fund Management, founded by billionaire George Soros in the 1970s, as it plans to shutter its Hong Kong office, according to a Bloomberg report. Although the exact reasons were not disclosed, this move comes just days after Soros' son, Alex Soros, through the family's Open Society Foundations, wasted tens of millions of dollars backing the biggest Democrat loser in a generation: Kamala Harris. The New York-based investment firm, best known for its $10 billion trade against the British pound in 1992, explained in...

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