Monday, 22 September 2014
Last updated 2 days ago
Jan 22 2008 | 8:06am ET
A top Deutsche Bank trader has left to join a Boston-based hedge fund. Stephen Murphy will join Rose Grove Capital, covering high-grade trading with a focus on European preferred securities and hybrids, Financial News reports.
Murphy, who headed high-grade flow trading from New York for Deutsche Bank, is the first high-profile exit from the investment bank following a round of job cuts last week.
Rose Grove was founded by Jeff Chandler, former head of global debt syndicate at Merrill Lynch, and Mike Pascucci, former head of European credit at Merrill. The firm also features Pascucci’s wife, Hope, a former head of fixed-income at Deutsche Bank
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.