Saturday, 20 September 2014
Last updated 1 day ago
Mar 1 2007 | 10:29am ET
A top Citigroup executive is leaving the firm to found his own hedge fund, according to published reports.
Ajay Kapur, since 2004 the Wall Street giant’s chief global equity strategist, is returning to Hong Kong—where he has residency rights—to set up First Horse Capital. Joining him are Niall MacLeod and two other members of his team at Citi.
Prior to becoming chief global strategist, Kaper headed Citi’s global markets division in Asia. He is also a Morgan Stanley alum.Robert Buckland will succeed Kapur at Citi.
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.