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    1. November 13, 2014

      Virgin Money float values bank at £1.25bn

      Virgin Money has priced its forthcoming initial public offering at 283p a share, which would give it a market capitalisation...

    2. November 5, 2014

      Virgin Money lowers IPO valuation

      Virgin Money has been forced to lower its valuation for its revived initial public offering as it seeks to float on the...

    1. November 4, 2014

      Virgin Money presses ahead with initial public offering

      Virgin Money is to press ahead with an initial public offering by the end of the month after postponing its planned London...

    2. October 17, 2014

      Virgin Money pulls out of London listing

      Virgin Money has pulled out of listing on the stock market this month, days after another “challenger” bank Aldermore...

    3. October 6, 2014

      Josef Ackermann to join Bank of Cyprus board

      Josef Ackermann is set to become non-executive chairman of Bank of Cyprus in an overhaul of its board of directors proposed...

    4. October 2, 2014

      When lender is Wonga no longer, moral ambiguity will relocate

      Andy Haste, group chairman and chief disinfectant of Wonga, has dumped the geriatric puppets that advertised the payday...

    5. September 28, 2014

      Bank of Cyprus prepares for shake-up ahead of listings shift

      What do a billionaire US private equity investor, an ex-KGB agent and the archbishop of Cyprus have in common? They are all...

    6. July 28, 2014

      Bank of Cyprus to raise €1bn through share sale

      Bank of Cyprus has raised €1bn by selling shares to investors including Wilbur Ross, the US private equity specialist, and...

    7. 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...

    8. 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...

    9. 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...

    10. 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...

    11. 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...

    12. 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...

    13. 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...

    14. 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...

    15. 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...

    16. 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...

    17. 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...

    18. 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,...

    19. 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...

    20. 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,...

    21. 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...

    22. 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...

    23. 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...

    24. 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...

    25. 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...

    26. 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...

    27. 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...

    28. 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...

    29. 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...

    30. 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,...

    31. 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...

    32. 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...

    33. 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...

    34. 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...

    35. 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...

    36. 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...

    37. 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...

    38. 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...

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