Wednesday, 1 October 2014
Last updated 15 hours ago
May 28 2008 | 2:00am ET
With its acquisition of Bear Stearns set to close this week, JPMorgan is losing another member of its investment banking management committee, this one to a major hedge fund.
Bill King will join Chicago-based Citadel Investment Group as its first head of securitized products. At JPMorgan, he served as co-head of global securitized products, a post he has shared with Bear Stearns’ Mike Nierenberg, who will now run the group on his own.
King joins former vice chairmen and former management committee members Jeff Mayer and Craig Overlander at the exit. Mayer and Overlander handed in their resignations last week.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...