Thursday, 18 September 2014
Last updated 1 hour ago
Jun 7 2013 | 11:31am ET
A hedge fund is set to become among the bigger shareholders of one of Scotland's most august soccer teams.
Charles Green, the former CEO of Rangers Football Club, will transfer more than 700,000 shares to Laxey towards the end of the year, when he is able to do so. The deal between the two sides was struck in October.
A consortium led by Green bought Rangers out of bankruptcy last summer. Green remains the club's largest shareholder.
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.