Tuesday, 23 September 2014
Last updated 1 hour 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.