Wednesday, 23 July 2014
Last updated 12 hours ago
Nov 20 2006 | 12:24pm ET
Beset by speculation that it is the hedge fund rumored Friday to be in dire straits, Citadel Investments says it is in no danger of blowing up.
A Citadel spokesman, Bryan Locke, denied Friday that the firm was in any trouble resulting from bad energy trades, as the rumors went. The firm reiterated its denial this morning.
“We are aware of the rumors,” Locke said. “They are completely unfounded.”
Reuters reports that people familiar with the Chicago firm’s two multistrategy funds say they are up about 20% this year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…