Thursday, 20 November 2014
Last updated 7 hours ago
Jan 9 2008 | 12:15pm ET
Continuing the shakeup precipitated by the ouster of CEO Charles Prince and the appointment of Vikram Pandit as his successor, Citigroup named Jacob Lew chief operating officer of its alternative investments division.
Lew moves to Citi Alternative Investments from the firm’s wealth management business, where he also served as COO. He succeeds Don Callahan, who became chief administrative officer of the whole of Citi last month.
Prior to joining Citi, Lew served as director of the U.S. Office of Management and Budget for three years under President Bill Clinton, after 30 years as a policy adviser in Washington, D.C.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...