Monday, 26 January 2015
Last updated 3 hours ago
Nov 13 2007 | 8:30am ET
Christopher Hohn is apparently not satisfied with just one scalp at the Frankfurt Stock Exchange, according to media reports in Germany.
The Deutsche Börse is slashing 200 employees under pressure from Hohn’s hedge fund, The Children’s Investment Fund, the German business newspaper Handelsblatt reports. London-based TCI is pushing Deutsche Börse to streamline operations and return money to shareholders.
Two years ago, then-Deutsche Börse CEO Werner Seifert was forced out after TCI helped sink the exchange’s proposed acquisition of the London Stock Exchange.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…