Long-term and wide-ranging problems with Deutsche Bank’s regulatory reporting processes have to come to light in a stern letter from the Federal Reserve Bank of New York (FRBNY) instructing Deutsche, in no uncertain terms, to immediately fix the problems identified. The letter and the scope of the problems it describes underscore both the challenges financial… Read More >>
DK Partners’ CTO Exits to Start Consultancy
After nearly seven years as managing director and chief technology officer, Peter Mager has left hedge fund Davidson Kempner Capital Management (DK Partners) to start his own consultancy clearTechEdge, based in New York. “I want to apply my deep knowledge and experience to new processes, workflows, system environments, cultures and get exposure to new buy-… Read More >>