Monday, 22 September 2014
Last updated 2 days ago
Oct 5 2006 | 2:32pm ET
Stuart Hendel, who left Morgan Stanley’s prime brokerage unit two years ago to join hedge fund Eton Park Capital Management, is returning to his former employer to head up that division.
The Wall Street Journal reports that Hendel will lead the firm’s global prime brokerage division. In his last go-around with Morgan Stanley, he was co-head of U.S. prime brokerage.
In Hendel’s two years at Eton Park, he served as operations chief, creating a state-of-the-art back-office infrastructure. He is the fourth big name to leave the $5.5 billion hedge fund recently, following former trading and derivatives chief Scott Prince, chief risk officer Chris Perez and head of European derivatives trading Nagi Bedwani.
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.