Charlotte Burkeman, the EMEA head of prime brokerage at Bank of America Merrill Lynch, is leaving the firm, two sources told Reuters.
Andrew Feldstein, the Harvard- educated lawyer who leads BlueMountain Capital Management LLC, has had a good run.
Wesley Wang, a former analyst at SAC Capital Advisors, has given federal agents the names of about 20 people that he said had engaged in insider trading, according to a court filing, DealBook’s Peter Lattman reports.
Google and a New York redevelopment organization are providing a Manhattan neighborhood with free public WiFi Internet access, making it the largest area of coverage in New York City.
Of all the genres of US television advertising, we admit that our favorite is the post-bailout thank you – the PBTY, if you will.
BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in a net $4.7 billion (0.3% of assets) in November, reversing a $10.3 billion outflow in October. The results are based on data from 2,935 funds.
Here are links to last week's top 20 stories.
Time to call it a day ?
UBS is in the process of rooting out 'negative elements' of its corporate culture after the firm was fined $1.5bn by regulators for trying to rig global interest rates, said Andrea Orcel, chief executive officer of the investment bank.
SAC Capital Advisors LP is raising bonuses for its portfolio managers by 3 percentage points to help retain employees as the U.S. government’s insider-trading probe moves closer to Steven A. Cohen’s $14b hedge fund, according to a person familiar with the matter.
The day after Thomas Hayes was dismissed by Citigroup for rigging Libor, the derivatives trader fired off an e-mail accusing his boss of manipulating similar benchmarks.
Deutsche Bank’s global head of mergers and acquisitions, Henrik Aslaksen, is leaving the bank, according to people with knowledge of the matter.
The Securities and Exchange Commission has charged Kohlberg Kravis Roberts (KKR) with misallocating more than $17m in so-called 'broken deal' expenses to its flagship private equity funds in breach of its fiduciary duty.