Sunday, 21 September 2014
Last updated 2 days ago
Jun 8 2007 | 11:14am ET
Responding to growing demands from its hedge fund clients, Bear Stearns has added a sales executive and trader to its metals desk, and is boosting its soft-commodity team as well.
Sid Strutt, current a sales executive at Sempra Metals Group, will join Bear in New York next month, Bloomberg News reports. Metals trader John Browning of Barclays Capital will start in Hong Kong in September. And the firm also said it is adding to its soft-commodity teams in New York, London and Hong Kong.
“In soft commodities, there may be a time when we do what we did with the [London Metal Exchange] business, adding salespeople as the business grows,” European head of futures Peter Williams told Bloomberg.
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.