Tag Archives: rbs


Yen Swap Spreads Near Record as Hedge Funds Stay Away, RBS Says

March 17, 2009 : Permalink

Bloomberg – Japan’s attempts to end financial turmoil failed to lure hedge funds back to its swap markets, leaving premiums paid by domestic borrowers near a record, RBS Securities Japan Ltd. said. Hedge funds, which lost more than $400 billion […]

Hedge fund Artradis hires RBS’s Dredge

March 10, 2009 : Permalink

Reuters – Artradis Fund Management, Singapore’s largest hedge fund manager, said on Monday it has hired David Dredge from Royal Bank of Scotland as managing director for portfolio management. Dredge was deputy global head of local markets at RBS as […]

Singapore hedge fund Artradis hires RBS

March 9, 2009 : Permalink

HedgeCo.net – Artradis Fund Management, Singapore’s largest hedge fund manager, said on Monday it has hired David Dredge from Royal Bank of Scotland as managing director for portfolio management. Dredge was deputy global head of local markets at RBS as […]

Treasury Select Committee MPs accuse funds of cashing in on misery

January 28, 2009 : Permalink

Times Online – Hedge funds were accused by MPs yesterday of gambling against the taxpayer when they bet that the share prices of British banks would fall. Appearing before the Treasury Select Committee, four leading hedge fund managers were told […]

Paulson Fund Makes at Least $420 Million Shorting RBS

January 28, 2009 : Permalink

Bloomberg – Paulson & Co., the hedge fund run by billionaire John Paulson, made at least 295 million pounds ($420 million) since September by short selling Royal Bank of Scotland Group Plc. Paulson held a short position of 0.87 percent […]

Renewed fears as Lloyds shares crash

January 21, 2009 : Permalink

nebusiness.co.uk – LLOYDS Banking Group became the latest casualty of the bank sector sell-off yesterday as its shares plunged as much as 47%. Royal Bank of Scotland steadied a little after Monday’s mammoth 67% fall, but doubts over the Government’s […]

Short-sellers are back with sharpened tools

January 21, 2009 : Permalink

WalesOnline – Last week saw the return of the credit crunch’s bogey product: short selling. The practice was banned by the Financial Services Authority last September after it was blamed for wiping millions off the value of bank shares, betting […]

Hedge Funds Not Behind Sell-Off In Banks Say Experts

January 21, 2009 : Permalink

Wall Street Journal – Experts say hedge funds are not responsible for the wholesale selloff in U.K. financial stocks which saw shares in the four remaining major banks dive to record lows earlier this week and prompted renewed calls to […]

Geneva banks lost more than $4 billion to Madoff: report

December 15, 2008 : Permalink

Reuters – Three European banks on Sunday announced a total of about $3.8 billion in exposure to an investment fund run by Bernard Madoff, the U.S. investor accused of running a $50 billion "Ponzi" scheme. The largest banks of both […]

Anglo-Saxon hedge funds shorting on Madrid falls

October 13, 2008 : Permalink

Telegraph.co.uk – EU data shows that Philip Falcone, the US hedge fund baron who led the assault on HBOS, has sold short €138m (£108m) of Banco Popular’s shares, or 1.65pc of the total float, through his fund Harbinger Capital. He […]