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.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…