Friday, 19 September 2014
Last updated 1 hour ago
Apr 13 2011 | 11:44am ET
Brad Kurtzman, one of the veritable army of top executives to have left Citadel Investment Group over the past year-and-a-half, has landed at Citigroup.
Kurtzman was named head of U.S. equity derivates trading at the investment bank. He started earlier this month, Bloomberg News reports.
Kurtzman was head of equity derivatives at Citadel Securities, the hedge fund giant's investment-banking unit, before his departure in January. His exit, along with two others that month, brought to at least nine the number of top executives to have left Citadel since late 2009, with the Securities division being particularly hard-hit.
His exit came just months after Kurtzman was named derivatives head and co-head of institutional sales following the exit of Brennan Warble in October. His co-head, Chris Boas, also quit in January.
Kurtzman worked at Citadel's hedge fund unit from 2006 though 2009, when he joined the investment bank. He formerly worked at Merrill Lynch.
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.