Thursday, 18 September 2014
Last updated 7 hours ago
Apr 6 2010 | 9:29am ET
Bank of America Merrill Lynch has added a D.E. Shaw Group energy trader to beef up its commodity trading and sales team.
Howard Levy will set up an Australian power-trading desk at BofA, Financial News reports. At D.E. Shaw, he was an oil and energy trader, based in Hong Kong.
Before joining the New York-based hedge fund, Levy was a trader for British Petroleum in Singapore and at Enron. He also worked at Duke Energy, in marketing and structured products. He joined D.E. Shaw in 2007.
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.