Thursday, 18 December 2014
Last updated 13 hours ago
Mar 4 2013 | 12:17pm ET
Private equity firm CVC Capital Partners has named a former Lloyds Banking Group CEO a senior advisor.
Eric Daniels will serve on CVC's banking team. An American, Daniels led Lloyds from 2003 through 2011, when he retired and joined StormHarbour Partners as an adviser. Daniels oversaw Lloyds' disastrous acquisition of mortgage lender HBOS five years ago, which cost him some of his 2010 bonus last year.
CVC financial institutions chief Jonathan Feuer cited Daniels' "breadth of knowledge and understanding in banking, insurance and wealth management" as reasons for his hire.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.