Monday, 29 December 2014
Last updated 41 min ago
Apr 1 2009 | 2:06am ET
Morgan Stanley’s U.S. prime brokerage chief has resigned from the firm after 20 years.
Patrick Mortimer left Morgan Stanley for personal reasons, according to The Wall Street Journal, which also reports that it does not appear he was forced out. Morgan Stanley was among the prime brokerages hardest hit by the banking crisis last year, and has apparently had difficulty regaining its footing.
Mortimer will not be replaced. Stuart Hendel, who leads Morgan Stanley’s global prime brokerage business, will take on Mortimer’s responsibilities.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.