Tag Archives: probes
SEC has about 150 hedge fund probes
Reuters – U.S. securities regulators have about 150 active hedge fund investigations and more than 50 probes involving credit default swaps and other derivatives, Securities and Exchange Commission Chairman Mary Schapiro said on Monday. The SEC also has about two […]
Royal Bank of Canada Sued Over Failed Hedge Funds
Bloomberg – Royal Bank of Canada, the country’s biggest bank by assets, was sued by investors in Olympus United Funds who claim they lost more than $90 million in the funds’ collapse. Royal Bank, based in Toronto, “secretly managed” the […]
Royal Bank of Canada Sued Over Failed Hedge Funds
Bloomberg – Royal Bank of Canada, the country’s biggest bank by assets, was sued by investors in Olympus United Funds who claim they lost more than $90 million in the funds’ collapse. Royal Bank, based in Toronto, “secretly managed” the […]
Hedge fund pushes Yahoo to sell search unit
San Francisco Chronicle – A major investor called on Yahoo Inc. to sell its search business to Microsoft Corp. on Wednesday, adding to the pressure on the Sunnyvale Web portal to restart talks with its rival. Meanwhile, Yahoo agreed to […]
Wall Street’s woes escalate ahead of earnings wave
Yahoo News- Investors can’t seem to catch a break — Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing. None of the troubles that […]
Icahn’s Activist Funds’ Slim Returns Supply Cause to Deactivate
Bloomberg- Carl Icahn has hit the roughest patch of his hedge-fund career. His $7.9 billion in hedge funds fell 7 percent between October and April, the biggest peak-to-trough loss since the funds opened in November 2004, according to investors. That […]
Yahoo now faces more pressure, hedge funds say
Reuters- Officially, a potential $47.5 billion deal for Microsoft Corp to buy Yahoo Inc is over, at least for now. But longer term, hedge fund managers and analysts said the Yahoo board now faces more pressure than ever to deliver […]
