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Stories Archive, JUN, 2009


30-06-2009  

U.K. GDP dropped 2.4% in first quarter
The U.K. economy shrank more than previously estimated in the first...

30-06-2009  

AIG discloses new risk on derivatives
American International Group Inc. said that valuation declines on...

29-06-2009  

British financials plan to cut 13,000 jobs
U.K. financial services companies may cut 13,000 jobs in the third...

26-06-2009  

Japan records sharp fall in prices
Japanese consumer prices fell a record 1.1 per cent in the year to May,...

24-06-2009  

TCI to cut fees
The $9.5bn activist fund, run by Chris Hohn, proposed cutting fees and...

23-06-2009  

Cayman Islands to release more data on hedge funds
The Cayman Islands, home to most of the world's hedge funds, is planning...

23-06-2009  

Sumitomo to launch new hedge fund
Sumitomo Trust Finance H.K., the asset-management unit of of one of the...

22-06-2009  

Statement by Christopher Whalen before the Committee on Banking, Housing and Urb
Following is the statement by Christopher Whalen before the Committee on...

19-06-2009  

Stanford arrested by FBI
Sir Allen Stanford, the Texan billionaire accused by US regulators of...

19-06-2009  

Bramdean board overthrown
Vincent Tchenguiz has overthrown the board of Bramdean Alternatives, the...

17-06-2009  

Sextant Trading Ban Extended
For the third time, Canadian regulators have extended their trading ban...

17-06-2009  

Carlyle, Blackstone, TPG interested in First Republic
Carlyle Group, Blackstone Group LP and TPG are leading a group of...

16-06-2009  

U.S. bill introduced to regulate hedge fund advisers
A bill was introduced in the U.S. Senate on Tuesday that would require...

15-06-2009  

Eurozone banks face additional writedowns
Eurozone banks face additional losses of more than $283bn this year and...

12-06-2009  

BlackRock to buy BGI
BlackRock Inc. agreed to buy Barclays Plcís investment unit for $13.5bn...

11-06-2009  

Banks shut down credit lines to Saad Group
Western banks have begun to close down credit lines to Maan al-Sanea and...

10-06-2009  

Court rejects Chrysler appeal
The US Supreme Court allowed the sale of Chrysler to a group led by Fiat...

09-06-2009  

Treasury announcement
TREASURY ANNOUNCES $68 BILLION IN EXPECTED CPP REPAYMENTS

09-06-2009  

Sovereign wealth fund in talks over Porsche stake
Porsche is in advanced talks about selling a large stake to the Gulf...

08-06-2009  

S&P downgrades Ireland for second time
Irelandís sovereign credit ratings were cut for the second time in three...

05-06-2009  

Greenstein to be indicted
Federal prosecutors are expected to indict a former chief executive of...

03-06-2009  

Pension funds look to invest in hedge funds
Pension funds, family trusts and other investors are expected to invest...

02-06-2009  

Mideast investor sells Barclays stake
International Petroleum Investment Corp (IPIC), an investment vehicle of...

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