Sunday, 29 March 2015
Last updated 1 day ago
Jul 20 2009 | 10:51am ET
The prime brokerage arms race continues apace, as Citigroup continues to flex its hiring muscles.
The troubled banking giant has made its seventh senior hire this year for its prime finance unit. Ian Maynard has been named head of trading at Citi’s prime brokerage, Financial News reports.
Maynard joins from Nomura International, where he was executive director of equity finance trading in London.
At Citi, Maynard joins such newcomers as Alan Pace, the former Lehman Brothers prime brokerage executive named head of prime brokerage in the Americas in April, newly-minted head of client-facing technology Norman Escoffery and head of product development Sean McGInty, both also formerly of Lehman, and new head of sales Christopher Greer. All told, Citi has made about 18 new hires for prime finance this year.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…