Friday, 19 September 2014
Last updated 2 min ago
Aug 8 2013 | 9:47am ET
Millennium Management has its eye on a former Lehman Brothers executive to lead its Asia effort.
The New York-based hedge fund has hired Kirk Sweeney to serve in a senior role in Asia. According to Asian Investor, he is favored to succeed former Millennium Asia CEO Kunho Cho, who joined Korea's PineStreet Group in March.
Sweeney was most recently head of senior relationship management at Barclays, leaving the bank in May. Prior to Barclays, he worked at Nomura Holdings, which acquired Lehman's U.S. operations after that bank went under.
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.