{"id":10060,"date":"2009-03-10T00:00:00","date_gmt":"2009-03-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"us-hedge-fund-takes-hsbc-short","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2009\/us-hedge-fund-takes-hsbc-short.html","title":{"rendered":"U.S. hedge fund takes HSBC short"},"content":{"rendered":"<p>International Herald Tribune &#8211; U.S. hedge fund Harbinger Capital is the first company to declare a short position in HSBC following the bank&#8217;s record rights issue, after making millions from a similar tactic with UK bank HBOS last&nbsp;year. <\/p>\n<p>Harbinger said in a regulatory filing it has taken a 0.26 percent short position in HSBC&#8217;s London shares, worth about 110 million pounds. By 9:10 a.m. the shares were up 2.5 percent at 356&nbsp;pence.<\/p>\n<p>Harbinger has also unveiled a series of short positions in Spanish banks in recent weeks, including a short position of 1 percent in BBVA and 0.4 percent in Santander.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.iht.com\/articles\/reuters\/2009\/03\/10\/business\/OUKBS-UK-HSBC-HARBINGER.php\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Herald Tribune &#8211; U.S. hedge fund Harbinger Capital is the first company to declare a short position in HSBC following the bank&#8217;s record rights issue, after making millions from a similar tactic with UK bank HBOS last&nbsp;year. Harbinger said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[8767,108,2945,752,2231,4038,8766,3170,6017,135,8768],"class_list":["post-10060","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bbva","tag-harbinger","tag-harbinger-capital","tag-hbos","tag-hsbc","tag-international-herald-tribune","tag-london-shares","tag-pence","tag-short-position","tag-spanish-banks","tag-tactic"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10060"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10060\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}