Ramsden’s secret history

The sad news of former City of London trader Terry Ramsden’s imprisonment set us turning back to Euromoney 13 years ago.

We published the first profile of Ramsden in November 1985 in a story on the then-booming Japanese equity warrant market. Emerging into prominence from obscure beginnings, the market was dominated by a small circle of sharp dealers, among whom Ramsden was the most active and the most colourful. When Euromoney spoke to him, Ramsden had just taken the almost unthinkable step of launching an unwelcome takeover bid for a public Japanese company, ball-bearing maker Minebea.