Wednesday, 27 August 2014
Last updated 2 hours ago
Oct 11 2011 | 12:10pm ET
Investment bank Sterne Agee & Leach has hired a team of credit traders from Citadel Investment Group's now-much-reduced investment banking effort.
The 10-person team, led by Andrew Rochat, Scott Shiffman and Jon Walker, started at Birmingham, Ala.-based Sterne Agee this month. The group, which is primarily based in New York with one member in Citadel's hometown of Chicago, will trade investment-grade debt.
"These hires are a continuation of Sterne Agee's significant investment in the expansion of our fixed-income platform," head of credit Eric Needleman said.
Rochat, Shiffman and Walker worked at Lehman Brothers and Chapdelaine & Co. before joining Citadel in February, when Chapdelaine shuttered its credit unit. Citadel, in turn, slashed its own debt-trading effort at its Citadel Securities unit in August.
The three men are joined by John Finnegan, Allen Oppici, Michael Rand, Helen Shannon, Andrew Simons, Mac Sutherland and Bobby Treacy.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...