WSJ – Chris Cecere, criticized by Japanese authorities in 2011 for his alleged efforts to rig benchmark interest rates, has begun a new job at hedge fund Element Capital Management LLC in New York, according to people familiar with the matter.
Mr. Cecere, who left European hedge fund manager Brevan Howard last year, ran interest-rate trading for Citigroup Inc. in Tokyo until he left in 2010 amid a global investigation into rate-rigging that has resulted in billions of dollars of fines for several banks.
