Sunday, 21 September 2014
Last updated 2 days ago
Aug 21 2012 | 1:15pm ET
A top UBS banker is leaving the bank after just a year to launch a hedge fund.
Eric Rosen will start a credit hedge fund, Bloomberg News reports. His exit from UBS comes as the bank begins to reduce its fixed-income trading.
Rosen, who will leave UBS next month, is co-head of fixed-income, currencies and commodities. His co-head, Matthew Zola, will take sole control of the division following Rosen's exit.
Rosen joined UBS after more than a decade at JPMorgan Chase, where he worked from 1997 through 2010 and rose to head of North American credit trading.
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.