Saturday, 29 August 2015
Last updated 8 hours ago
Jan 31 2012 | 1:12pm ET
The head of U.S. distressed-debt trading at Deutsche Bank is planning a hedge fund.
C.J. Lanktree left the German bank last week with another director on his desk, Scott Martin. The two will launch a distressed-debt hedge fund, The Wall Street Journal reports.
Money seems to be the issue: Lanktree was reportedly unhappy with his compensation at Deutsche Bank. He took over the bank's distressed-debt desk during the financial crisis.
Deutsche Bank has named Chad Valerio and Matt Siravo to take over for Lanktree and Martin.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…