Sunday, 21 September 2014
Last updated 1 day ago
Oct 30 2008 | 8:49am ET
Little more than a year ago, hedge fund administrator Citco Fund Services was planning to expand its operations in Ireland. But the industry downturn has turned those plans upside down.
Instead of adding jobs at its Cork office, Citco will be slashing jobs in Dublin and Cork. The firm told employees in Dublin that it will begin the layoffs next month. Citco employs about 1,000 people on the Emerald Isle.
Last February, Citco announced plans to add 150 jobs to its Cork hedge fund administration operation over the following three years.
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.