Tag Archives: royal-bank-of-scotland


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 […]

$550 Million in Fees for One Merrill Lynch Banker

March 5, 2009 : Permalink

Wall Street Journal – Some numbers are so big you just have to stand back and admire them. An investment banker claiming $550 million of fees in a single year is just such a number. The number is staggering for […]

Mathewson hedge fund profits from ABN takeover

February 23, 2009 : Permalink

The Herald – Toscafund, the hedge fund that was a catalyst for the sale of ABN Amro, made £158m profit in 2007 when Royal Bank of Scotland led the disastrous £49bn acquisition of the Dutch bank. The investment firm, whose […]

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 […]

Paulson Pockets Big Bucks on Short Sale

January 27, 2009 : Permalink

New York (HedgeCo.Net) – Billionaire and hedge fund manager extraordinaire John Paulson has reportedly pocketed $139 million by betting against the Royal Bank of Scotland, further fueling cynicism that shorting aids in driving down share prices.   Paulson is no […]

Paulson nets £100m from RBS slide

January 27, 2009 : Permalink

Guardian Unlimited – Billionaire hedge fund manager John Paulson has made a £100m profit by betting that the Royal Bank of Scotland’s share price would fall dramatically, according to calculations by the Guardian, adding fuel to the debate about the […]

Hedge funds may have missed out on bank share slump

January 21, 2009 : Permalink

LONDON (Reuters) – Hedge funds may have missed out on sharp falls in banks’ shares in recent days because few rushed in after the UK’s ban on short selling financial stocks expired on Friday, data shows. According to figures from […]

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 […]

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 […]

TCI founder, partner Degorce leaves hedge firm

January 9, 2009 : Permalink

Forbes – Patrick Degorce, a founder and partner at high-profile activist hedge fund firm The Children’s Investment Fund (TCI), has left the company, a spokeswoman told Reuters on Friday. Degorce was in the public eye in early 2007 when he […]