Monday, 30 March 2015
Last updated 2 days ago
Jan 5 2010 | 12:59pm ET
Citadel Investment Group’s nascent investment banking venture has snagged Royal Bank of Scotland Group’s Art de Pena for its credit business.
De Pena will serve as a managing director in loan sales at Citadel Securities, based in New York, Bloomberg News reports. He was most recently head of loan sales at RBS.
Citadel Securities debuted in October, with the credit desk its first business line. The Chicago-based hedge fund giant has sought to expand its new investment bank as it seeks to become a full-fledged financial services firm.
The firm has been aggressively hiring in recent months, despite the departure in October of Citadel Securities chief Rohit D’Souza. Media reports indicate that Citadel founder Kenneth Griffin found D’Souza too “methodical” and wanted a stronger operator as it went into business. Citadel Europe president Patrick Edsparr now heads Citadel Securities.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…