Saturday, 20 September 2014
Last updated 1 day ago
Feb 8 2011 | 12:05pm ET
US Bancorp has added a prime brokerage veteran to head its alternative investment business development.
Michael Secondo was named a senior vice president at US Bancorp Fund Services. He'll focus on the firm's administration and custody services, working from its New York office.
Most recently, Secondo was at ABN Amro as director and team leader at its Prime Fund Solutions prime brokerage business. He formerly worked at Citigroup, also in hedge fund administration and prime brokerage.
"We are excited Michael joined our growing sales team," Bob Kern, director of sales and marketing at US Bancorp Fund Services, said. "His depth of experience in hedge fund accounting, administration, custody and investor servicing complements our consultative support to our alternative investment management clients."
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.