Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.
Sunday, 4 December 2016
Last updated 1 day ago
Oct 22 2007 | 7:27am ET
Goldman Sachs and the Royal Bank of Scotland are reportedly bidding to keep Cheyne Finance, the structured investment vehicle founder by London hedge fund Cheyne Capital, afloat.
Deloitte & Touche, appointed receiver of the SIV by Cheyne Capital, is in talks with three banks in an effort to let Cheyne Finance to live to trade another day.
A decision on a bidder could be reached within days, according to The Telegraph. Under certain plans, the SIV could be back in business. The future of Cheyne Finance’s managers remains uncertain.