Perella Weinberg Hires Tokum’s Investment Team, Makes Westergaard Partner Perella Weinberg Partners LP hired Tokum Capital Management LP’s investment team and plans to allocate $75 million for it to manage.

Scottish Widows Purchases `Unloved’ Japanese Stocks, Depressed Greek Bonds Scottish Widows Investment Partnership, manager of about 140 billion pounds ($226 billion), is buying up some of the world’s least popular assets.

SAC’s Cohen Says He Plans to Seek Sanctions Against Former Wife’s Lawyer Lawyers for Steven A. Cohen, the founder of SAC Capital Advisors LP sued by his ex-wife last month for racketeering, said they will ask a judge to sanction the attorney who filed what they called a “frivolous” suit.

Soros, Citadel Hire Analysts From Galleon Group After Founder’s Indictment Soros Fund Management LLC and Citadel Investment Group LLC hired three employees from Galleon Group LLC, the hedge-fund firm that closed after its billionaire founder Raj Rajaratnam was charged with insider trading.

SEC Should Probe New York Fed Staff Over Instructions to AIG, Senator Says The U.S. Securities and Exchange Commission should investigate whether employees of the Federal Reserve Bank of New York violated laws on corporate disclosure when they asked American International Group Inc. to withhold information from public filings, a Republican lawmaker said.

Buffett’s Kraft Rebuke Signals Berkshire Shares Are Closer to Full Value Warren Buffett, who scolded Kraft Foods Inc. over its plan to issue stock for an acquisition, is using shares of his Berkshire Hathaway Inc. to pay for his biggest buyout. The apparent inconsistency may signal that Berkshire’s shares are more fully valued than Kraft’s.

Bernanke Bond Premium Highest Since 2007 Shows U.S. Decoupling From Europe The correlation between Treasuries and German bunds that has prevailed since credit markets started freezing in 2007 is breaking down as U.S. economic growth leaves Europe behind.

Bank Profits Tripling Leaves Stocks Cheapest With 15% Discount to S&P 500 No U.S. industry has faster profit growth than banks and brokers, and no group is more hated by investors.

Dubai’s First Foreclosure Opens Floodgates in World’s Worst Housing Market Dubai’s housing rout sent prices down 52 percent in the past year, prompting some homeowners to abandon their cars and mortgage payments and flee the country. Not one received a foreclosure notice.

British Financial Services Companies Most Pessimistic in a Year, CBI Says U.K. financial-services companies are more pessimistic than at any time in the past year on the outlook for business growth, according to the Confederation of British Industry.