Some survivors of the hedge fund shakeout are using cash to fund business growth and hire investment and institutional marketing talent. [Investment News]
Asset management compensation levels, with firms ditching bonuses and finding new ways to pay for top talent. [Investment News]
UBS is marketing a structured product backed by credit derivatives, a welcome sign for the securitization market. [Financial News]
HSBC's incoming CEO Stuart Gulliver is expanding the bank's wealth management business in Asia, and is poised to restructure other areas. [FT]
Rothschild is expanding its business in investment funds, asset management and private banking. [FT]
