108 articles found within the last year.
Displaying results 101 - 108
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News Analysis: New Star discusses handing majority control to its lenders
New Star Asset Management is believed to be ... The banks - HBOS, Royal Bank of Scotland, ... Chairman John Duffield recently renegotiated new terms on ... In the negotiations, Duffield is likely to have ... John Duffield's battle to save New Star illustrates ... He went on to say that he expected...
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Reputations could take years to rebuild
More than half of the financial services industry ... According to a survey by City law firm ... The survey was of around 100 attendees at ... More than half, 55%, said they thought it ... Pamela Thompson, head of the financial institutions group ... Damage to the reputation of the financial services...
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Credit Suisse begins second London cull
Credit Suisse is cutting 10% of its London-based ... Consultations began today with UK staff on 650 ... The latest round of cuts will take the ... Credit Suisse issued a statement blaming the latest ... It wrote: “Due to market conditions and projected ... Staff working in Credit Suisse’s proprietary trading business...
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Tudor becomes largest fund to halt withdrawals
One of the world's largest hedge funds has ... Bloomberg reports that managers of Tudor Investment Corp's ... Tudor Investment Corp, the hedge fund manager established ... The fund has not suffered too badly in ... While the latest returns for Tudor BVI Global ... However the illiquidity of markets appears to be...
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Duffield takes almost £1m paper hit as FSA rebuffs suspension request
New Star’s senior management suffered hundreds of thousands ... Shares in New Star Asset Management plunged by ... The fund house announced this morning that it ... New Star also revealed this morning that it ... John Duffield, founder and chairman of New Star, ... However, today's losses pale in comparison to the...
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Matrix withdraws Gottex mandate
London asset manager Matrix is withdrawing the money ... Bridget Guerin, one of the directors on the ... Guerin said Bastion's board made the decision to ... She said: "Our suspension was completely contingent on ... When it suspended withdrawals from some of its ... Bastion's board also expressed displeasure with the fact...
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Comment: Keynes, fiscal packages and the next election
The UK Government this week became the first ... Barack Obama’s team are talking about a package ... This is all the more surprising because for ... The fact that this doctrine has been so ... The collapse of Citibank last week was an ... In this context, the British fiscal package will...
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Whittaker departs as New Star tackles underperformance
New Star Asset Management has revealed that its ... The group confirmed Whittaker's departure in a statement ... Whittaker also manages New Star’s UK Growth Fund, ... In addition, Tim Steer, manager of the New ... Skandia Investment Group, the UK fund of funds ... John Duffield, New Star's chairman, said: "Our overwhelming...
