Tuesday, 1 December 2015
Last updated 5 min ago
Mar 26 2007 | 10:58am ET
Christopher Hohn certainly knows how to make an executive’s blood boil.
The head of London-based hedge fund The Children’s Investment Fund told The Economist that he might sue the head of ABN Amro’s supervisory board if it fails to consider multiple bids for the Dutch banking giant.
ABN—under considerable pressure from TCI to break itself up or sell itself—last week opened exclusive merger talks with British banking behemoth Barclay’s to create a new London-listed, Amsterdam-based giant. But TCI says exclusive talks are no way to ensure that ABN shareholders get the best deal.
Reuters reports that several other banks may be interested in all or part of ABN, including BBVA, BNP Paribas, Citigroup, ING, the Royal Bank of Scotland and Santander.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…