Thursday, 18 September 2014
Last updated 14 hours ago
Jan 10 2007 | 10:35am ET
Morgan Stanley has nabbed Joel Press, who led Ernst & Young’s global hedge fund practice for 17 years, for its prime brokerage division.
Press will join Morgan as a director in the prime brokerage, based in New York. According to the firm, he will focus on client services and identifying strategic opportunities.
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.