Derrick Herndon, a managing director and European head of credit at UBS, is said to be leaving the embattled Swiss bank.As Jon Corzine’s MF Global looks to expand its mortgage-bond business, he’s hired Ruslan Margolin formerly of CRT Capital and Peter Ma who worked for Keefe Bruyette & Woods.
Emanuel Goffer, who was involved in the Galleon insider trading scandal, asked for a shorter prison sentence because his son isn’t meeting “age appropriate gross motor milestones.” He got 3 years.
HSBC North America’s chief executive Niall Booker is leaving after 30 years with the firm and will be replaced by Irene Dorner.
Millennium Management has hired Citi’s head of U.S. equities trading, Armando Diaz, as their new head of global trading, AR reported.
JPMorgan’s chief executive is aiming to expand the bank’s wealth management arm by opening up branches in wealthier areas in Texas, California and Florida.
Sen. Charles Grassley, the ranking Republican on the Senate Judiciary Committee, asked Phil Falcone’s Harbinger Capital for records of the firm’s communications with the Obama administration over LightSquared, the Falcone-backed.
Niki Marx, the ex-stripper turned “hedge fund manager” who claims her fund is up 160% YTD, might not really be a hedge fund manager, according to NetNet’s John Carney.
Hedge fund manager and poker champ Daniel Shak, who founded SHK Asset Management, sold his 2,458 square feet apartment for $7.475 million about two weeks ago after nearly 9 months on the market.
New York City Mayor Michael Bloomberg tries to accuse the Occupy Wall Street protesters of destroying working people’s jobs.
The owner of Zuccotti Park, which is privately owned and available for public use, has said the sanitary conditions have reached “unacceptable levels.”
Patriarch Partners founder Lynn Tilton “toned it down” in federal court this week by wearing a tight black dress, leather stiletto boots and diamond jewelry.
Fraud investigator, Harry Markopolos, the whistleblower in the Bernie Madoff ponzi scheme, compared Bank of New York Mellon’s executive board to Al Qaeda.
Brian Sozzi, retail analyst at Wall Street Strategies, will be joining former CNBC anchor Nicole Lapin’s new company as the chief business development officer and a contributing author to the first book in her series “Decoding the Wall Street Journal.”