Thursday, 25 December 2014
Last updated 1 day ago
Sep 22 2010 | 12:14pm ET
Lawrence Summers, who left his post at D.E. Shaw Group to return to the White House two years ago, will leave as President Barack Obama’s National Economic Council chief at the end of the year.
Summers, who previously served as Treasury secretary under President Bill Clinton, will return to Harvard University, where he was formerly president, as a professor. It is unclear whether he’ll resume his career in the alternative investment industry.
Summers’ departure is the third from Obama’s top economic team, following the exits of Office of Management and Budget Director Peter Orszag and former Council of Economic Advisers head Christina Romer.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.