17 Sep 2008
SecFinex and LCH.Clearnet to launch central counterparty for stock borrowing and lending
SecFinex, a European electronic trading platform for equity finance, and LCH.Clearnet, an independent central counterparty, have announced…
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Risk to financial institutions of investment bank failures overblown, say analysts
The Chapter 11 filing of Lehman Brothers on Monday may have been a seismic event in the global financial markets, according to a report…
Citadel expands distribution in Europe, Middle East and North Africa through Merrill hires
Alternative investment manager Citadel Investment Group has announced two senior hires from Merrill Lynch to lead the firm's capital…
Comment: IT and business users need to combine to achieve true data governance
Traditionally management of data has been ended up with organisations' IT departments because they have been responsible for…
16 Sep 2008
Russia turmoil presents incredible buying opportunity, says Hexam Capital
The turmoil in the Russian stock market has created once-in-a-lifetime buying opportunity, with huge disparities between company results…
Thomson Reuters launches independent valuation risk service
Thomson Reuters has launched a global service that aims to provide financial institutions with independent valuations across various asset…
Dexion Capital names Rebecca Donaldson as head of marketing and communications
Hedge fund manager and third-party marketing firm Dexion Capital has appointed Rebecca Donaldson, previously head of communications at…
AIG Investments hires director of alternative investments for Japan
New York-based AIG Investments has appointed Michael Chae from Nikko Citi as a director of alternative investments for Japan, based in…
Investment banking industry will never be the same, says Larry Tabb
Following the fire-sale of Bear Stearns, the bankruptcy of Lehman Brokers and the shock acquisition of Merrill Lynch by Bank of America,…
Hedgeweek Comment: Fink makes a comeback
A few weeks ago, when Stanley Fink stepped down as deputy chairman of Man Group just over a year after assuming the non-executive role, it…
15 Sep 2008
Financial industry still in shock as US investment banking model crumbles
Financial markets tumbled around the world during the week following the 'Black Sunday' for the US investment banking industry in which the…
Katten Muchin Rosenman Cornish adds partners in London
Andrew Turner and Imran Sami have joined the London office of law firm Katten Muchin Rosenman Cornish as partners, strengthening the firm's…
Deutsche Bank takes Russian asset manager stake and targets hedge fund business
Deutsche Bank and UFG Asset Management have agreed to create a strategic partnership and business co-operation in Russia.Deutsche Bank and…
Barings launches long/short Alpha Currency Fund
Baring Asset Management has unveiled plans to launch the Baring Alpha Currency Fund in October, subject to regulatory approval.Baring Asset…
GlobeOp to establish operational facility in New York state
Hedge fund administrator GlobeOp Financial Services, which offers business process outsourcing, financial technology services and analytics…
