Friday, 25 July 2014
Last updated 4 hours ago
Dec 9 2013 | 9:57am ET
Chicago Mayor Rahm Emanuel has named a hedge fund executive to take over the city's Department of Finance.
Emanuel nominated Daniel Widawsky, a managing director at Citadel Investment Group, to become Chicago's next comptroller. Widawsky must be confirmed by the City Council and would succeed Amer Ahmad, the former Ohio deputy treasurer indicted recently for running a kickback scheme.
"With more than 20 years experience as a finance, tax and legal professional, he brings with him considerable knowledge and expertise from both the private and public sectors to serve Chicago taxpayers," Emanuel said.
Widawsky has worked at Chicago-based Citadel since 2007, following a run as a senior executive at General Electric and NBC.
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…