Thursday, 27 November 2014
Last updated 15 hours ago
Sep 15 2010 | 2:47am ET
Maverick Capital’s Mike Lyons has joined Bank of America as the firm mulls which of its businesses it should sell off.
Lyons handled financial-services investments at New York-based Maverick, including an investment in BofA that the hedge fund sold during the second quarter. He previously worked at Morgan Stanley, Merrill Lynch and FleetBoston Financial.
At BofA, Lyons will serve as a corporate strategy and planning executive. He took up his new post, answering to CFO Charles Noski, in May, but the firm did not announce his arrival until now because Lyons does not report directly to the firm’s CEO, Brian Moynihan.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...