Jun 3 2013 | 1:31pm ET
Investors pulled $1.7 billion from SAC Capital Advisors in February, but are set to redeem more than twice as much today, the firm's second-quarter redemption deadline. If the firm's estimate of roughly $3.5 billion is correct—and its February estimate was $700 million lower than actually suffered—it will have to pay out more than half of its remaining outside capital by the end of the year.
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…