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Citadel wants to raise a massive fund

We've noted recently that the hedge fund industry's dynamics have morphed in the wake of the credit crunch. Investors are still ravenous for hedge funds, but they are astute enough to note that the... Read more...

Man Group aims for U.S.

Man Group has thrived in London, but New York beckons like never before. And the hedge fund giant is determined to finally make inroads in what could be a very lucrative market. Uwe Eberle, CEO of... Read more...

More Wall Streeters head abroad

Is it time to volunteer to go overseas? It might not be a bad idea, though the thought of uprooting your family for the Middle East or Latin America might not strike everyone as a great adventure.... Read more...

C&L: Executive Moves

> Lehman's Rick Rieder to launch hedge fund> Citigroup shifts Alberto Verme... Read more...

London bankers take a hit where it hurts most

In London, things are serious when expense accounts get slashed. The Daily Mail says bank offices there face a crackdown on expenses, forcing many to say goodbye to expensive meals, business-class... Read more...

SPOTLIGHT: Two week break for London traders?

Regulators in London understandably want to strengthen bank financial controls after the Jerome Kerviel affair. However, the idea of traders taking two-week breaks to allow their positions to be... Read more...