Firm Management
Investec welcomes Alexandre Ness
Former Deutsche Bank corporate finance executive Alexandre Ness joins Investec Specialist Bank. Investec Specialist Bank announced today the appointment of Alexandre Ness to its corporate lending business unit.
Deutsche Bank's Dixon to leave bank
Deutsche Bank trader Troy Dixon was said to leave the bank and start his own hedge fund, according to sources who asked not to be identified as the matter was held private in nature.
Knight Capital agrees to settle 2012 errors with USD12 million
Knight Capital Americas LLC had agreed to pay USD12 million with US Securities and Exchange Commission for an erroneous trading incurred last August 2012 which brought the company to the brink of bankruptcy.
JP Morgan to pay USD100 million to settle Whale trades charges
JP Morgan Chase & Co. had admitted wrongdoing and agreed to pay USD100 million settlement regarding the disastrous London Whale trade, said a report from Reuters.