Tuesday, 23 September 2014
Last updated 11 hours ago
Mar 24 2014 | 11:05am ET
Deutsche Bank’s hedge-fund administration business has lost a long-time executive.
John Wallace left the bank at the end of last month, after 23 years at Deutsche Bank, HedgeCo.Net reports. Wallace is a former co-head of the firm’s alternative fund services group, and most recently oversaw technology projects for hedge-fund clients.
Deutsche Bank had about $11.6 billion in assets under administration during the fourth quarter of last year.
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.