Tuesday, 23 September 2014
Last updated 10 min ago
Feb 14 2008 | 12:11am ET
Deutsche Bank has launched the latest salvo in the Asian prime brokerage arms race, hiring Harvey Twomey from Merrill Lynch.
Twomey, who served as head of Pacific Rim equity financing and sales at Merrill, is the second high-profile departure from the firm’s Asian prime brokerage in as many months. Melvyn Ford, who headed its efforts in the region, left the firm in January.
Twomey will be a managing director and head of global prime finance sales in Asia at Deutsche Bank, based in Hong Kong, Reuters reports. He is set to start in April.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.