Tag Result: hedge funds
Co-op shareholders agree £700m rescue deal
In an effort to save the Co-op Bank from being wound up, a group of five US hedge funds ha...
Precise parent Charter Court auction sale collapses
An auction of Precise Mortgage’s parent company Charter Court Financial Services has col...
Co-op Bank’s biggest hedge fund investor sells almost entire stake
Aurelius Capital, the largest hedge fund investor in the Co-op Bank, has sold down almost ...
Co-op Bank rescue deal to see 15% of branches closed
Co-op Bank has secured a rescue deal with creditors over the weekend which will see branch...
Co-operative Bank rescue plans announced; Group’s stake to fall to 30%
The Co-operative Group is set to embark on a restructure which would give it a 30% stake i...
Wall Street ‘vulture funds’ take significant Co-op Bank stake
Two Wall Street 'vulture funds' have seized control of part of Co-operative Bank's finance...
Turner warns on dangers of ‘shadow banking’
The dangers of 'shadow banking' must be addressed to halt future financial disasters, Fina...
GMAC exits European mortgage market
GMAC Financial Services has revealed its residential capital (ResCap) unit is leaving the ...