Tag Archives: intangible-assets


List of duped investors lengthens

Tacoma News Tribune – The list of investors who say they were duped in one of Wall Street’s biggest Ponzi schemes grew larger Monday, snaring some of the world’s biggest banking institutions and hedge funds, the super rich and the […]

Spielberg victim of alleged fraud

TheChronicleHerald.ca – The list of investors who say they were duped in one of Wall Street’s biggest Ponzi schemes is growing, snaring some of the world’s biggest banking institutions and hedge funds, the super rich and the famous, pensioners and […]

RBS Faces Losses After US ‘Fraud’

Ananova – Royal Bank of Scotland says it is facing a potential loss of £400m after a Wall Street banker was charged with a massive alleged fraud. US prosecutors say Bernard Madoff has confessed to defrauding investors of $50bn (£33bn) in […]

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 […]

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 […]

RBS Sued by Hedge Fund Over Withdrawn ABN Investment, FT Says

Bloomberg- Royal Bank of Scotland Group Plc has been sued by London-based hedge fund Merebis Capital Management LLP for reversing a 250 million-euro ($395 million) investment in Merebis by ABN Amro shortly after RBS acquired the Dutch bank, the Financial […]

Embattled UBS wraps up bumper rights issue

FRANKFURT (Reuters)- UBS has wrapped up a 16 billion franc rights issue, the Swiss bank’s second effort to resuscitate finances that have been ravaged by the global markets crisis. It is the latest in a line of major banks including […]

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 […]

RBS Rises on Speculation Hedge Fund Will Seek Breakup

Bloomberg – Royal Bank of Scotland Group Plc led gains for European banking stocks on speculation that demand for its rights offer is strong and a U.K. hedge fund is buying shares to push for a breakup. Edinburgh-based RBS, Britain’s […]

Related Posts Plugin for WordPress, Blogger...