Monday, 22 September 2014
Last updated 4 hours ago
Jun 26 2007 | 2:24pm ET
Eric Schwartz, co-head of Goldman Sachs’ investment management division, is retiring within a few weeks.
Chris Williams, a spokesman for the firm, said Schwartz decided to retire after 23 years at the firm. He did not give further specifics and declined to comment on Schwartz’s future endeavors.
Peter Kraus, the division’s other co-head, will remain in his position, according to Williams, who had no information about Schwartz’s replacement.
Schwartz began his career at Goldman in institutional sales before moving on to his most recent position four years ago. He will become a senior director of the firm upon his retirement.
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.