Sunday, 21 September 2014
Last updated 1 day ago
Oct 26 2010 | 3:25am ET
The high-level exits from Citadel Investment Group's nascent investment bank have become so numerous, one Wall Street giant can claim four alumni among the departed over the past twelve months.
The latest to leave Citadel Securities is Brennan Warble, who served as head of institutional sales. He is the fourth Merrill Lynch veteran to depart in the past year, following the exits of equity derivatives co-head James Boyle, head of investment banking Todd Kaplan, and Rohit D'Souza, who led Citadel Securities.
Warble left the Chicago-based firm yesterday after less than two years on the job. He has been replaced by Brad Kurtzman and Chris Boas, the heads of equity derivatives and credit markets, respectively.
Warble's departure follows the dozen layoffs of sales and trading staff at Citadel Securities 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.