Saturday, 20 September 2014
Last updated 20 hours ago
May 8 2007 | 10:07am ET
Jefferies & Co., which has been building up its prime brokerage unit, is adding an executive with prime brokerage experience to its securities finance division.
Matthew Baldassano, who most recently served as managing director in capital markets prime services origination at Lehman Brothers, has joined the firm’s New York office as co-head of securities finance. In his new role—shared with fellow co-head Gene Vitagliano—Baldassano will oversee the firm’s equity and equity-related products, including American and global depositary receipts, exchange-traded funds and convertible bonds.
“The addition of Matt Baldassano significantly enhances Jefferies’ securities finance capabilities and complements the firm’s growing prime brokerage practice,” Jefferies CEO Richard Handler said.
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.