Sunday, 21 September 2014
Last updated 1 day ago
Apr 11 2013 | 9:12am ET
BlueCrest Capital Management, pledged to build an "investment-bank quality" trading team, has added a former Deutsche Bank rates trader.
William Yearick will join the US$35 billion hedge fund, Bloomberg News reports. Yearick was an interest-rate options trader at Deutsche Bank until his exit last month.
Yearick is the third Deutsche Bank veteran to join BlueCrest this year, after mortgage-debt trader John Roach and distressed-debt analyst Matt Siravo.
Prior to joining Deutsche Bank in 2008, Yearick worked at Goldman Sachs.
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.