A once-lucrative business within Deutsche Bank AG catering to hedge funds is on its way to becoming yet another casualty of the German lender’s chronic turmoil. The German firm ... to devote capital ...
The headquarters of Deutsche Bank in Frankfurt. Deutsche Bank, previously the poster child for European firms seeking to wrest trading dominance from Wall Street rivals, has seen key divisions enter a ...
responding to a surge in activity that has awakened animal spirits on Wall Street. The bank’s fixed-income, currencies and commodities (FICC) unit has stumbled in recent years, as big clients such as ...
The market also drew strength from news investment bank Goldman Sachs Group Inc. (GS.N) and outside investors will pump $3 billion into a hedge fund that had been hammered by recent market turmoil ... ...
BNP’s equities business, the other half of Osty’s domain, has boosted revenue by 38 percent since 2016 as he pushes an expansion of the prime brokerage unit, which caters to hedge fund ... more: ...
He sold interest-rate swaps and other products to hedge funds at Merrill Lynch ... equity sales and trading unit. He became co-CEO in June 2012, succeeding Ackermann, who had held the top spot for a ...
Meulot’s ex-employer, the hedge fund unit of BTG Pactual, shut its Hong Kong office this year as it shrank operations following a slump in assets under management. Nine Masts, which oversees about $1 ...
NEW YORK — The Blackstone Group on Thursday posted a $93.6 million loss for its first quarter as it marked down the value of its investments amid a continued tough ... Revenue from Blackstone's hedge ...
(MENAFN - Gulf Times) A once-lucrative business within Deutsche Bank catering to hedge funds is on its way to becoming yet another casualty of the German lender's chronic turmoil. The German firm's ...
MENAFN1mon
Meulot’s ex-employer, the hedge fund unit of BTG Pactual, shut its Hong Kong office this year as it shrank operations following a slump in assets under management. Nine Masts, which oversees about $1 ...