Saturday, 26 July 2014
Last updated 22 hours ago
Sep 2 2010 | 10:50am ET
The financial crisis has taken its toll on Vanity Fair’s annual “New Establishment” rankings. And the list of the 100 most influential people is especially light on alternative investment honchos.
Just two made the cut: McAndrews & Forbes’ Ronard Perelman at 24th, and Appaloosa Management’s David Tepper at 76th. Both suffered the indignity of being ranked behind pop star Lady Gaga (23rd), but the again, so did JPMorgan Chase CEO Jamie Dimon.
Goldman Sachs CEO Lloyd Blankfein took the most precipitous drop. Ranked first last year, he has been replaced at the top by Facebook founder Mark Zuckerberg. But didn’t just fall to second place. He fell right out of the top 10, 20, 50 and almost off the list entirely: He ranked dead last, in 100th place.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…