Sunday, 21 September 2014
Last updated 2 days ago
Dec 18 2009 | 11:13am ET
Former Morgan Stanley U.S. prime brokerage chief Patrick Mortimer has joined UBS.
Mortimer will serve as senior relationship manager at the Swiss bank’s prime brokerage, a newly-created position. He’ll work closely with John Laub, who heads U.S. prime brokerage at UBS, The Wall Street Journal reports.
Mortimer resigned from Morgan Stanley in March after 20 years at the firm. Moving to UBS reunites him with Stuart Hendel, the former Morgan Stanley prime brokerage chief who left the firm to take the same job at UBS earlier this year.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.