Tag Archives: term-debt
Europe’s turmoil batters London shares
Independent – The FTSE 100 Index tumbled more than 200 points today after a weekend of financial turmoil in Europe. Investors took scant comfort from Friday’s backing of a US financial rescue to leave the FTSE 100 Index down almost […]
Cameron hit by new hedge-fund row as Tory Party conference begins
Times Online – The Tory party conference got off to an embarrassing start today after it emerged that the Conservatives have taken large donations from hedge-fund managers whose firms made vast sums of money from taking bets in some of […]
US hedge fund Paulson bets big against UK banks
Reuters – John Paulson, a U.S. hedge fund manager who gained a superstar reputation with a big bet against the U.S. housing market, was shown holding a 1 billion pound ($1.9 billion) bet against UK banks as short sellers were […]
MEPs demand unprecedented openness from hedge funds
Guardian.co.uk – MEPs will call tomorrow for EU legislation to force private equity groups and hedge funds to disclose unprecedented amounts of information about their activities. The demand for tougher regulation comes as private equity groups are warning that the […]
Papers turn on hedge fund managers
BBC UK News – "They hunt as a pack and can bring down financial systems" says the Daily Mirror, describing the hedge fund managers widely blamed for bringing down HBOS. The decision to halt short selling of bank shares – […]
Britain and US crack down on hedge funds blamed for crisis –
Independent – An unprecedented crackdown on speculators preying on falling share prices began on both sides of the Atlantic yesterday, as Gordon Brown promised to "clean up the financial system" after days of turmoil. The Financial Services Authority (FSA) banned […]
Did Mayfair hedge funds play fair by short-selling HBOS shares?
Times Online – Why did HBOS need to be rescued by Lloyds TSB? Where should the finger of blame point? For many, the answer is clear – Mayfair. The streets of London W1 house some of the world’s biggest hedge […]
FSA puts pressure on top five banks to support Bradford & Bingley
Times Online- The Financial Services Authority took the unprecedented step of pressuring Britain’s five biggest banks into supporting the revised rescue capital-raising at Bradford & Bingley last week, The Times has learnt. HSBC, Royal Bank of Scotland, Barclays, Lloyds TSB […]
