US hedge fund builds stake in Secure Trust

Telegraph – American billionaire Steve Cohen has built a near £40m stake in Secure Trust Bank, the lender that is challenging the dominance of Britain’s biggest banks.

The US hedge fund manager has boosted his holding in the lender to 8.52pc, an increase that makes him the biggest shareholder in the challenger bank behind Arbuthnot Banking Group.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply