Friday, 26 December 2014
Last updated 1 day ago
Nov 26 2013 | 10:34am ET
The brothers of the Zeta Beta Tau fraternity chapter at the University of Pennsylvania will soon have working plumbing and heating—and they've got their brother, SAC Capital Advisors founder Steven Cohen, to thank.
The fraternity broke ground on the renovations to their 84-year-old Philadelphia home on Nov. 9, just one day after Cohen's hedge fund pleaded guilty to insider-trading charges.
Cohen, a member of the fraternity in the 1970s during his undergraduate days at Penn, put up $2 million for the repairs, half of the $4 million ZBT sought. Cohen made the donation in April 2009, according to the New York Post.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.