Sunday, 21 September 2014
Last updated 2 days ago
Mar 28 2008 | 11:06am ET
Citigroup has replaced the heads of its prime brokerage group in the latest management shakeup at the troubled Wall Street giant.
The firm said that Ali Hackett and Tom Tesauro would be replaced as co-heads of global equity finance and prime brokerage by Nick Roe, who has headed the bank’s European prime brokerage effort since 2005. Hackett and Tesauro are leaving the firm to pursue other opportunities, according to an internal memo.
Roe, who will remain based in London, joined Citi from Deutsche Bank, where he headed the global prime brokerage business.
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.