Tuesday, 23 September 2014
Last updated 9 hours ago
Apr 16 2013 | 12:33pm ET
Citigroup is shaking up the leadership of its prime brokerage business.
The bank has moved its head of prime finance in Asia, David Murphy, to the U.S. to lead its prime brokerage effort there. In his place it has promoted Joseph Chang in Hong Kong.
Chang was formerly business manager for equities in Asia and head of equity trading in the region. Murphy joined Citi a year-and-a-half ago from Deutsche Bank
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.