Fewer banks with fewer assets in euro area: ECB

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Fewer banks with fewer assets in euro area: ECB (via AFP)

The number of banks in the 17-country eurozone has declined over the past five years and they significantly reduced their balance sheets, the European Central Bank said on Monday. “By the end of 2012, banking sector assets in the euro area… had dropped…

Klarman: Baupost’s Core Principles Have Helped The Fund Outperform

Seth KlarmanWhen Baupost, the $30 billion Boston-based hedge fund now managed by Seth Klarman, was founded in 1982, it was launched with a core set of aims. Q4 2021 hedge fund letters, conferences and more Established by Harvard professor William Poorvu and a group of four other founding families, including Klarman, the group aimed to compound Read More



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