Ken Leech, a one-time star manager at Western Asset Management Co. who the US accused last week of defrauding clients, had amassed a significant investment in those so-called AT1 bonds.

At first blush, the U.S. case against star bond trader Ken Leech centers on a quirk in procedures: The former co-chief investment officer for Pasadena-based Western Asset Management Co. placed his ...

NEW YORK: Ken Leech, the former co-chief investment officer for Western Asset Management Co, was accused by US authorities on Monday of improperly allocating trades to favoured clients in a ...

At first blush, the U.S. case against star bond trader Ken Leech centers on a quirk in procedures: The former co-chief investment officer for Western Asset Management Co. placed his daily bets ...

For others, not so much. That’s because Ken Leech, the star investor behind bond funds with $308 billion in assets under management, illegally steered hundreds of millions of dollars into ones ...

Former WAMCO co-chief investment officer Ken Leech is facing fraud charges for alleged cherry picking amounting to $600 million, the SEC and US Attorney’s Office for the Southern District of New ...

But for customers of Leech’s marquee Macro Opportunities strategy, trades that started off strong kept piling up in their ledgers, allegedly generating a whopping $600 million in first-day gains ...

Simply sign up to the Financial services myFT Digest -- delivered directly to your inbox. Well-known bond investor Ken Leech was charged with criminal fraud on Monday for allegedly orchestrating a ...

Federal prosecutors have brought fraud charges against world-renowned bond fund manager Ken Leech, saying he committed fraud by directing more than $600 million in profitable, cherry-picked trades ...

Western Asset Management Company’s former Chief Investment Officer Ken Leech was charged by the US Department of Justice with fraud and lying to the SEC, which leveled related civil charges ...

Federal prosecutors on Monday charged longtime bond investor Ken Leech with fraud, alleging he cherry-picked a series of trades to favor some clients while shifting losses to others.