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Story summary
- The Financial Conduct Authority upheld a lifetime ban on former hedge-fund boss Crispin Odey.
- The Upper Tribunal cut Odey’s fine to £1.53 million, down from £1.83 million.
- Tribunal judges said Odey lacked integrity and was not a fit-and-proper person.
- He used his majority shareholding to dismiss Odey Asset Management (OAM)’s executive committee twice, blocking investigations.