Tuesday, 21 October 2014
Last updated 30 min ago
Nov 14 2013 | 12:36pm ET
Deutsche Bank's co-head of hedge fund financing is leaving the firm.
Jon Hitchon, who has been with the investment bank for 15 years, is leaving his post as co-head of global prime finance, a DB spokesperson confirmed for Bloomberg.
Hitchon will be replaced by Murray Roos, who has held a number of senior equities roles at the bank.
A memo to employees Wednesday said Hitchon was leaving to “pursue other career opportunities,” reported the New York Post, quoting an unnamed source who described the departure as “an amicable split.”
Hitchon, along with co-head Barry Bausano, is credited with building DB's global prime brokerage business.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...