Tag Archives: september-11
Hedge fund managers betting on plunge in bank shares
The Independent- The American hedge fund group Harbinger Capital Partners revealed that it has made a significant bet on HBOS’s price falling, while its UK counterpart GLG admitted it is targeting the rival mortgage bank Bradford & Bingley, as investors […]
Hedge fund lobby asks for more time to accommodate short-selling rules
Times Online- The hedge fund industry’s lobby group mounted a last-ditch attempt yesterday to persuade the City regulator to delay its controversial rules on short-selling, which are due to come into force tomorrow. The Alternative Investment Management Association sent a […]
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 […]