Tuesday, 16 September 2014
Last updated 1 hour ago
May 11 2011 | 12:10pm ET
The co-head of investment banking at Citadel Investment Group has left the firm, the latest in an impressive string of high-level departures from the unit.
Craig Stine resigned this week, less than two years after joining the Chicago-based hedge fund giant from Citigroup, reports Bloomberg News. His exit follows that in December of credit markets chief Chris Boas, equity derivatives head Brad Kurtzman and leveraged finance head Carl Mayer.
Tim Devine, a banker who worked with Stine at both Citadel and Citi, has also left.
Stine's is the 10th high-level departure from Citadel Securities in less than two years.
Stine took over, along with Brian Maier, the investment banking division after another top executive, Todd Kaplan, quit in January 2010.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?