Financials Down As Traders Hedge On Rates -- Financials Roundup
Banks, lenders and other financial companies ticked down as traders hedged their bets on the outlook for interest rates.
Goldman Sachs named David Friedland as global head of a group that provides deal advisory services to private-equity firms, pension funds, family offices and other investors.
Blackstone hired Chris Blunt, former president of New York Life's investing unit, to spearhead a unit that would manage investments for insurers.
--Rob Curran, [email protected]