BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
FOLLOW US
Barclays Wines & Dines Some of World's Biggest Hedgies
Barclays hosted a big bash for 55 of the world’s biggest hedge funds – that have combined assets under management of about $669 billion. The blowout at Cipriani at 25 Broadway was the capstone of Barclays’ all-day Prime Services Hedge Fund Symposium at The Conrad in downtown Manhattan.
Whether the party cost $100,000 or $1 million - depending on who you spoke to – there was no mistaking the intent. Barclays CEO Jes Staley was trying to chip away at Goldman’s fearsome prime brokerage business, which handles orders for many of the biggest funds in the world.
According to an invitation list, attendees included representatives from Man Group, Och-Ziff Capital Management, Renaissance Technologies and Elliott Management. It doesn’t appear that any manager with less than roughly $350 million was invited to the bash.
It’s uncertain how much business Barclays was able to siphon away from Goldman.
Related Stories: Companies
-
Women-Owned Firms to Lead Distribution of Citigroup Bond Issuance
March 8, 2019 -
Goldman Sachs Gets a 'Dressing Down' - - Or Is It a 'Dress Down' Code
March 5, 2019 -
Sell Goldman Sachs – Dick Bove
February 22, 2019