Sunday, 19 October 2014
Last updated 2 days ago
Jun 24 2010 | 7:18am ET
JPMorgan Chase has snagged a Goldman Sachs veteran from a hedge fund to serve as its vice chairman of investment banking.
Michael Lynch joins the banking giant from credit hedge fund shop GSC Group. But before entering the hedge fund world, Lynch spent almost 30 years at Goldman Sachs, including a five-year stint leading its investment banking operations in Latin America. Lynch left Goldman in 2005.
“Michael's long track record of success in investment banking will be extremely useful to our clients and business," said Doug Braunstein, JPMorgan’s Americas investment banking chief. "His experience across an array of industry sectors and geographies, as well as his long-standing client relationships, will be a tremendous asset to JPMorgan.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...