Friday, 19 September 2014
Last updated 3 hours ago
Aug 18 2011 | 2:24am ET
Former hedge fund executive Kim Bang has been named CEO of retail fixed-income trading technology and execution firm BondDesk.
Bang joins BondDesk from Bloomberg, where he was chief operating officer for Europe, the Middle East, Africa and the Asia-Pacific region for Bloomberg Enterprise Products and Solutions and formerly led electronic trading platform Bloomberg Tradebook. But before he joined Bloomberg in 1996, Bang served as president of quantitative derivatives hedge fund Futech Capital Management.
“The opportunity to join BondDesk and help lead one of the most innovative companies in the fixed-income market was impossible to pass up,” Bang, who will be based in New York, said. “This market is ripe for further automation and technological advancement and BondDesk is already leading that charge.”
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.