Tag Archives: angela-merkel
Darling Predicts Agreement on Hedge Funds, IMF at G-20 Summit
Bloomberg – The Group of 20 leaders will agree on new rules to rein in hedge funds and may more than double the resources of the International Monetary Fund, U.K. Chancellor of the Exchequer Alistair Darling said. “There is a […]
EU Leaders Discuss Stance on Hedge Fund Regulation
New York (HedgeCo.Net) – Hedge fund regulation was the hot topic at this past weekend’s meeting of European Union leaders, when German Chancellor Angela Merkel hosted a summit in Berlin discussing ways to curtail the financial crisis. Merkel joined leaders […]
Hedge Fund Group Proposes Rules to Avert Intervention
Bloomberg – A group of hedge funds offered to increase disclosure to head off demands from politicians on at least two continents for more transparency. “We know which way the wind is blowing,” said Andrew Baker, chief executive of London-based […]
Europe’s leaders for checks on hedge funds, tax havens
Economic Times – European leaders meeting in Berlin on Sunday backed oversight of the world?s financial markets and products, including hedge funds, and urged that sanctions be drawn up to punish tax havens. A copy of the “chair’s summary” from […]
Curb on hedge funds likely as EU leaders back reforms
Independent – European leaders backed major reform of hedge funds yesterday as part of structural changes to help the world’s financial institutions emerge stronger from the global economic crisis. Short-selling by the secretive hedge fund industry — selling borrowed stock […]
Citadel Cuts Asian Principal Investments, Exits Tokyo
Bloomberg – Citadel Investment Group LLC, the hedge fund manager founded by Kenneth Griffin, will close down its Tokyo office and Asian principal investments operations, cutting more than half of jobs in the region. Citadel will run its remaining Asian […]
Hedge Funds Praise The Receivables Exchange
West Palm Beach (HedgeCo.net) – Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, today announced that it has launched its proprietary patent-pending trading platform to conduct live trading of accounts receivable. “The Receivables Exchange is […]
Crunch halts production of independent films
Chicago Tribune – The credit crunch and global economic recession have squeezed many independent filmmakers, who were already struggling from a glut of films and a shortage of funds even before the global economy went into a tailspin last month. […]
‘Wave’ of credit crunch cases set to emerge
Times Online UK – Litigation departments at the City’s leading law firms have grown significantly busier in recent weeks as investors turn to legal action to recover losses suffered as a result of the financial crisis. Although lawyers have been […]
Blue Mountain Hedge Fund Latest to Freeze Redemptions
New York (HedgeCo.Net) – Following in the footsteps of other large hedge funds trying to weather the credit crunch, Blue Mountain Capital Management has suspended withdraws on its $3.1 billion fund. The Blue Mountain Credit Alternatives Fund lost a little […]
West End office space rental falls
Choregus (London) – It seems that West End Office Space in not impervious from the effects of the global economic slow down. Whilst many had observed the West End continuing to perform despite the pressures, it seems that the credit […]
