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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Chris Rokos hedge fund ends talks with Peter Mandelson on advisory role

Peter Mandelson Chris Rokos Jeffrey Epstein United States Rokos Capital Management the House of Lords RCM
An image of Peter Mandelson on a boat with Jeffrey Epstein
Peter Mandelson, right, pictured with Jeffrey Epstein, has resigned from the Labour party and has stepped down from the House of Lords. Photograph: US Department of Justice

A $22bn (£16bn) London hedge fund has “terminated” talks with Peter Mandelson over an advisory role after emails revealed that the former UK business secretary may have leaked sensitive government information to the child sex offender Jeffrey Epstein.

Rokos Capital Management (RCM), which is run by the financier Chris Rokos, had been in discussions to hire Mandelson, who had been searching for a new role after being sacked as the UK’s ambassador to the US in September following pressure over his ties to Epstein.

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