Monday, 15 September 2014
Last updated 7 hours ago
Jul 14 2011 | 2:27am ET
Citadel Investment Group's investment-banking arm is giving up its plan to expand its market-making business to Treasuries.
Citadel Securities, which is no stranger to turmoil and turnover, had been working on a move into Treasuries for several months. But the firm has abandoned that effort, Reuters reports, and the employees behind it have left the firm.
Those employees had been based at Citadel's New York office and left within the last several weeks.
Citadel Securities has lost at least nine top executives over the last two years.
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?