Monday, 22 September 2014
Last updated 24 min ago
Feb 25 2008 | 1:00am ET
Fortis Bank has lost the commercial director of its Asian hedge fund administration business amid a restructuring.
The firm said Joanne Murphy left to pursue other interests, and that her departure is unrelated to her group’s restructuring, Asian Investor reports.
Fortis is splitting its hedge fund administration team in Asia into a north and south group. Stewart Bent, who has been promoted to regional director for Asia ex-Japan, will temporarily take the reins for the whole region in the wake of Murphy’s exit. The firm also promoted Dan Synk to head of operations in Hong Kong.
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.