Citi Says It Will Use Balance Sheet to Grow Prime Finance

Strategic 4

By Simon Kerr, Publisher of Hedge Fund Insight   Changes to capital requirements imposed on banks by regulators are expected to have a significant impact on hedge fund-related activity. Indeed in only the last week or so two industry insiders told Hedge Fund Insight independently that it was THE biggest factor driving change in the […] Read more »

Citi To Exit Hedge Fund Administration

By Hedge Fund Insight staff   With the release of the the fourth quarter results for Citigroup yesterday came an announcement that Citi will quit the hedge fund administration business:   “Citi announced it also has plans to exit some non-core securities services and transaction businesses in the Institutional Clients Group (ICG), including from hedge […] Read more »