Nomura and Credit Suisse issue profit warnings amid crisis at US hedge fund

Investors and pension savers in Britain face possible financial losses after two major investment banks issued profit warnings amid a crisis at a US hedge fund. Nomura and Credit Suisse could lose billions of pounds after the fund defaulted on margin calls, putting investors on edge about who else might have been caught out.  Losses … Read more

Hounds maul pet cat to death before hunt worker ‘throws the body into a hedge’ in shocking footage 

This is the shocking moment that a pack of hounds mauled a pet cat to death before a hunt worker allegedly threw its body into a hedge.   Carly Jose, 39, said her family was devastated when their 14-year-old rescue cat, Mini, was mauled by dogs outside their home in Madron, Cornwall.  Footage then appears to show … Read more

Chase Coleman III named world’s top hedge fund manager after making $3bn last year

A descendant of the last Dutch governor of New York has been named the world’s top-earning hedge fund manager for 2020 after adding $3 billion to his fortune in just one year. Chase Coleman III,  who is related to Peter Stuyvesant who governed New York in the 1600s, was No. 1 on Bloomberg‘s annual list of the … Read more

Leylandii owner wins battle to keep her 13ft-high hedge after three-year battle with ex-friend

Leylandii owner wins battle to keep her 13ft-high hedge after saying row with former friend next door over the trees left her feeling ‘bullied’ Former friends Linda McKimmie and Tania Easton have fallen out over the hedge Council initially ordered it should be trimmed down to before successful appeal Lelyandii owner Linda said she felt bullied … Read more

GameStop winners and losers: Small Reddit investors are up while hedge funds face $19B in losses

The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more

GameStop winners and losers: Small Reddit investors are up while hedge funds face $19B in losses

The staggering rally of shares in beleaguered video game retailer GameStop is minting new millionaires, and costing hedge funds billions of dollars – at least on paper. GameStop shares rose another 70 percent on Friday in a staggering rally driven by small investors on the online forum Reddit that has seen the stock surge 1,800 … Read more