Archive for November, 2007

Pub tipster lost £1/2m of his friends’ money

November 23, 2007guidfarr 1 Comment »

A bungling City novice who frittered away more than £500,000 belonging to friends he met in the pub was jailed for four years on Wednesday.

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Goldman Sachs invests in spread bettor CMC

November 23, 2007guidfarr No Comments »

British spread-betting firm CMC Markets said yesterday investment bank Goldman Sachs had agreed to take a 10 per cent stake in the firm.

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IG Group says agrees to buy US-based Hedgestreet for 2.9 mln stg cash, shares

November 20, 2007guidfarr No Comments »

IG Group Holdings Plc (IGG.L) said it agreed to buy the entire issued share capital of HedgeStreet Inc. for $6.0 million, or approximately £2.9 million.

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