Monday, 22 September 2014
Last updated 5 hours ago
Jun 29 2010 | 12:19pm ET
The global head of prime services at JP Morgan has announced that he is leaving the firm at the end of the year.
According to an internal memo obtained by Financial News, Richard Berliand is stepping down to spend more time with his family.
Berliand, who has spent 20 years with JP Morgan, led the integration of Bear Stearns' prime brokerage unit after that firm was acquired by JP Morgan.
Sandie O'Connor, also a 20-year plus veteran at the firm, will take over as prime services head. O'Connor will report to Carlos Hernandez, global head of equities, according to the memo.
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.