Amaranth founder plans comeback

The founder of collapsed US hedge fund manager Amaranth Advisors is hoping to start a new business despite recording the biggest losses in hedge fund history.

Nick Maounis, Amaranth's chief executive, is considering the launch of a new firm with some of his Amaranth colleagues, The Wall Street Journal reports.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink