Exclusive: Saba Capital, famed for ‘London Whale’ bet, to shut London office – sources

Jul 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON (Reuters) – New York-based Saba Capital Management, famed for its winning bet against the JPMorgan Chase trader known as the ‘London Whale’, is closing its office in London’s Mayfair district, two sources close to the situation told Reuters.