Arnaud Vagner

(June 20): Iceberg Research, the short seller that targeted commodities trader Noble Group, has another trading house in its sights: Trafigura Group.

(Nov 27): Singaporean regulators investigating Noble Group have focused their questions so far on the company’s use of mark-to-market accounting, according to people familiar with the matter.

SINGAPORE (Nov 23): Three years after a little-known outfit Iceberg Research accused commodities trader Noble Group of accounting deception, Singapore authorities have finally launched an investigation into the supply chain manager which is undergoing deb

SINGAPORE (Sept 23): Iceberg Research has appointed a law firm to launch lawsuits against parties behind the commodity trader’s alleged fraud.

(Sept 5): In May 2017, Paul Brough had just assumed the chairmanship of Noble Group and immediately faced a room full of angry bankers demanding their money back from the struggling commodity trader.

(Aug 28): Noble Group’s foes aren’t going away. Less than 24 hours after the commodity trader won shareholder approval for its US$3.5 billion ($4.77 billion) debt-for-equity deal, long-standing critic Michael Dee said the revamped company will struggl

(Aug 27): Embattled commodity trader Noble Group took a significant step toward getting its US$3.5 billion ($4.8 billion) debt-for-equity restructuring over the line after shareholders voted to back the controversial proposal at a special general meeting

(Aug 26): Francis Tay feels cheated.

SINGAPORE (Aug 27): Shares in debt-laden commodities supplier Noble Group were up 33.9% in the week before a key vote on its restructuring. The Straits Times Index had gained 1.3% in the same period. Noble’s rebound may have been driven by Deutsche Bank

SINGAPORE (Aug 17): Arnaud Vagner was fired from his position as senior credit analyst at commodity trader Noble Group in June 2013 and it was only after he left that he began to take a closer look at Noble’s financials, uncovering misrepresentations in