Monday, 22 September 2014
Last updated 2 days ago
Apr 30 2012 | 10:36am ET
JPMorgan Chase has hired Morgan Stanley's former U.S. prime brokerage sales chief to boost its own sales effort.
Michael Fitzgerald was named a managing director and senior member of JPMorgan's North American prime brokerage business. "Adding Mike to our team is another way we are continuing to deepen our existing client relationships globally while cultivating new ones," Lou Lebedin and Jeff Bosland, respectively global head of prime brokerage and head of Americas equity sales and marketing, wrote in an internal memorandum.
Fitzgerald starts at JPMorgan in May. He left Morgan Stanley in January.
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.