Friday, 19 September 2014
Last updated 1 hour ago
Jul 30 2010 | 11:34am ET
BNP Paribas has hired a prime brokerage executive from Bank of America, whose prime brokerage business it bought two years ago.
Chris Innes, who actually left BofA two years before it sold the prime brokerage business, will serve as head of equity sales for the Americas. Among his responsibilities will be prime brokerage sales, as well as stocks, equity derivatives and convertibles, Reuters reports. He starts his new job next week.
Innes previously oversaw the BofA prime brokerage business, as well as its equity derivative sales and trading operations.
He succeeds Aaron Ford, who resigned from BNP Paribas last week.
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.