November 18, 2019

India’s 9-month-old CRED raises $120M to help people improve their financial behavior

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By Manish Singh From TechCrunch Many Silicon Valley companies and fintech startups in India today share a common mission: They all want to bring their financial services to the next billion users. Dozens of fintech startups that we have spoken to in recent months have told us that they all want to address much of […]

US hedge fund in anonymous bet against Tesco shares

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By Miles Johnson From Financial Times UK A $20bn New York hedge fund is using an offshore shell company to anonymously bet against the shares of the UK supermarket Tesco, raising fresh questions over the efficacy of European short selling disclosure rules. Tiger Global, one of the world’s largest hedge funds, has made use of […]

Hedge fund that profited from Quindell share price collapse revealed

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By Peter Campbell From This is Money The hedge fund that profited from the collapse of Quindell’s share price has been unmasked. Tiger Global is a little-known £10billion New York hedge fund that has been revealed to have made some large bets against European companies. Using a labyrinth of holding companies in the Cayman Islands […]

RBC Wealth Management pulls out of Caribbean markets /Tiger Global used shell company [in Cayman Islands] to short sell Quindell

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RBC Wealth Management pulls out of Caribbean markets From Caribbean360 BRIDGETOWN, Barbados, Friday November 21, 2014 The Royal Bank of Canada (RBC) is now the latest Canadian bank to cut its losses in the Caribbean, following a decision to close its Caribbean wealth management divisions and several international advisory businesses in North America. The move […]