Thursday, 18 September 2014
Last updated 3 hours ago
Jan 18 2011 | 8:18pm ET
The Canadian Imperial Bank of Commerce has added three professionals to its prime brokerage team.
Darren Snelgrove will work on financing solutions and expanding CIBC’s prime brokerage capacities beyond equities. Andrew Dac Bang will focus on hard-to-borrow securities, finding new counterparties and client services, while Mark MacIsaac will work on the bank’s Web platform. The three are all based in Toronto.
Snelgrove comes to CIBC from MF Global Canada, where he handed hedge fund, high-frequency and institutional accounts. Dac Bang was hired from National Bank Financial’s equities desk and MacIsaac from HSBC.
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.