Saturday, 28 November 2015
Last updated 4 hours ago
Jan 13 2014 | 9:38am ET
A former executive at Citadel Investment Group's banking unit has joined Denmark's Saxo Bank.
Matteo Cassina served as president of Citadel Execution Services Europe until a year-and-a-half ago, leaving the troubled unit of the hedge fund giant after four years. He is charged with building Saxo's institutional business and will be based in London.
Cassina worked at Goldman Sachs, Merrill Lynch and BNP Paribas before moving to Citadel in 2008.
"The appointment of a global head of institutional business is a major step for Saxo Bank," co-CEOs Lars Seier Christensen and Kim Fournais said. "We are approaching the tipping point where traditional players with old mainframe infrastructures are becoming less competitive. Saxo's cloud-based solution is disrupting the old ways of doing business in the same way that we have seen technology radically change other industries."
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…