Tag Archives: lloyds tsb

Paulson Pockets Big Bucks on Short Sale

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 […]

Hedge funds may have missed out on bank share slump

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

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 […]