Jan 24 2013 | 12:28pm ET
Citigroup is dropping SAC Capital Advisors from its hedge fund platform, a move that will cost the embattled hedge fund $187 million.
The word from Citi Private Bank comes as SAC braces for more than $1 billion in expected redemptions next month. The firm is facing legal and regulatory scrutiny for alleged insider-trading.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…