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  1. May 19, 2014

    Irish banks: Allied forces

    Sometimes it pays to rummage around in the rubble. In 2011, two years after Ireland’s banks collapsed, the US investor...

  2. April 29, 2014

    Eurobank rights issue returns Greek lender to private hands

    Eurobank has pulled off one of the biggest capital raisings in Greek history, attracting more than €7bn of orders from big...

  1. March 12, 2014

    Ross upbeat after IPO cancelled

    Wilbur Ross, the distressed debt investor, is looking “every day” at new shipping investments, despite having cancelled the...

  2. March 4, 2014

    Bank of Ireland crisis investors sell third of combined stake

    Two of the biggest shareholders in Bank of Ireland sold a third of their combined stake on Tuesday after nearly trebling the...

  3. January 7, 2014

    Ship comes in for US tanker investors

    Bonds in Overseas Shipholding Group, which was forced by debt and plunging international tanker rates to file for bankruptcy...

  4. December 6, 2013

    All aboard for play on economic recovery

    Are US shares in bubble territory or not? They’ve been romping ahead for most of the year but many argue that it’s just the...

  5. September 24, 2013

    Value investment guru faces biggest challenge

    Fairfax Financial’s plan to lead a buyout of BlackBerry, and its attempt to revive an $880m investment that has halved in...

  6. July 14, 2013

    Families will keep shipping buoyant, says Greek tycoon

    One of the Greek shipowners least scarred by the past five years’ slump has said Greek families’ sense for the market and...

  7. June 20, 2013

    Private equity investment in shipping predicted to double

    Private equity investment in shipping could double by the end of next year and eventually push out traditional...

  8. January 4, 2013

    European bargains harder to find

    US private equity investors,have tried to replicate abroad the returns they delivered at home, where they bought failed...

  9. January 4, 2013

    Private equity bets on retail banking

    The cobbled streets of a tranquil cathedral city may seem an unlikely setting for the world of US private equity to make an...

  10. January 4, 2013

    RBS aims to flush out fresh branch bids

    Royal Bank of Scotland is trying to drum up interest in the portfolio of 316 branches it must sell under EU state-aid rules,...

  11. January 1, 2013

    Shadow banks tap into distressed shipping

    Leading private equity and hedge fund investors are increasing their bets on the distressed shipping industry, pursuing...

  12. January 1, 2013

    Alternative investors gamble on OSG

    The November bankruptcy filing of New York-based Overseas Shipping Group, one of the largest tanker companies in the world,...

  13. December 13, 2012

    Virgin Money eyes stock market listing

    Virgin Money is eyeing a potential stock market listing, following the acquisition by leading shareholder Wilbur Ross of a...

  14. November 23, 2012

    Buyout groups pick up Irish bargains

    Almost two years since Ireland was forced to accept an international bailout to prop up its ailing banks, private equity...

  15. November 15, 2012

    Warning on £66bn public bank stakes

    Taxpayers may never see the return of the £66bn spent on shares in Royal Bank of Scotland and Lloyds Banking Group four...

  16. October 3, 2012

    Ocwen buys WL Ross mortgage business

    Ocwen Financial has agreed to pay $750m for a mortgage business owned by WL Ross & Co, the private equity group. The move is...

  17. June 20, 2012

    Ex-Lloyds executive named BoI governor

    Bank of Ireland has appointed a former Lloyds Banking Group executive as its governor-designate amid a boardroom shake-up...

  18. May 9, 2012

    Vulture funds circle over Ireland and Spain

    Ireland swiftly emerged as a favoured destination for distressed debt investors, when Europe was hit by the financial crisis...

  19. April 10, 2012

    Triton builds up chemical tanker fleet

    Triton Partners, one of Europe’s most closely watched investment funds, plans to become a significant force in the...

  20. March 2, 2012

    Goldman Capital readies move on Torm

    The private equity arm of Goldman Sachs, the US investment bank, is preparing a possible rescue bid for Torm, the struggling...

  21. February 8, 2012

    State disposals expected to spur Irish mergers

    The acceleration of disposals by Ireland’s National Asset Management Agency and the possible sale of state-owned companies...

  22. January 13, 2012

    BankUnited considers sale

    BankUnited, the Florida bank sold by federal regulators in 2009 and floated by its private equity owners barely a year ago,...

  23. beyondbrics

    January 4, 2012

    China: the vultures are coming

    The vultures are flying east. From Kohlberg Kravis Roberts, which recently announced plans to set up shop in Hong Kong, to...

  24. December 28, 2011

    Bailed-out Irish banks edge towards stability

    When the European Banking Authority announced that the continent’s banks had a capital shortfall of €115bn following its...

  25. December 11, 2011

    Shipping yet to be won over by private equity

    When Wilbur Ross, one of the world’s leading distressed asset investors, announced his first shipping investment on August...

  26. November 21, 2011

    Minister sidesteps criticism of Virgin deal

    The City minister on Monday sidestepped criticism that the unusual structure of Virgin Money’s bid for Northern Rock had...

  27. November 18, 2011

    Financier who got Northern Rock rolling

    He has aged a bit since he started specialising in distressed industries 30 years ago. But the US financier Wilbur Ross, now...

  28. November 18, 2011

    Northern Rock cash used to fund deal

    A third of the £747m cash price that Sir Richard Branson’s Virgin Money is paying to buy Northern Rock will be funded from...

  29. Westminster Blog

    November 18, 2011

    Wilbur Ross put five times more money into Rock than Branson

    You have to take your hat off to the government and Virgin Money for their PR operation, which has left the nation believing...

  30. FT Alphaville

    November 18, 2011

    Branson takes Northern Rock private

    Sir Richard Branson is taking nationalised bank Northern Rock back into private hands four years after its collapse...

  31. November 17, 2011

    Where the money to buy N Rock really came from

    Who is really buying Northern Rock? It sounds an odd question given all the hype about Virgin’s ascent to the big league of...

  32. November 17, 2011

    Virgin builds high street bank upon the Rock

    In the dark days of 2008, following the collapse of Lehman Brothers, the chances of the UK taxpayer ever extracting value...

  33. November 17, 2011

    Oft-nude tycoon risks Northern exposure

    The £747m price extracted from nudity-loving Sir Richard Branson for Northern Rock by the decorously besuited Robin...

  34. Westminster Blog

    November 17, 2011

    Introducing Wilbur Ross, new co-owner of Northern Rock

    Eagle-eyed readers may have noticed a discrepancy in the press releases issued this morning by UKFI and by Virgin on the...

  35. November 17, 2011

    Branson takes Northern Rock private

    Sir Richard Branson is taking nationalised bank Northern Rock back into private hands four years after its collapse...

  36. November 6, 2011

    Spot market forces plague shipping groups

    When BW Maritime, one of the world’s biggest shipping groups, revealed early last week that it had laid up one of its oil...

  37. October 28, 2011

    Asset sales a dilemma for Europe’s banks

    European banks are not strong enough to sell off thousand of billions of euros worth of assets without capital injections,...

  38. FT Alphaville

    October 21, 2011

    KKR expansion bets on China slowdown

    Kohlberg Kravis Roberts is set to expand into Hong Kong in an early bet by the private equity group on a slowdown in the...

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