Wednesday, 6 May 2015
Last updated 1 hour ago
Jul 15 2010 | 11:06am ET
For the second time this week, Deutsche Bank has lost a top proprietary trader to the hedge fund world.
Nelson Saiers has joined New York-based Alphabet Management, Bloomberg News reports. Saiers will head a volatility derivatives trading group at the $170 million firm.
At Deutsche Bank, Saiers served as a managing director for proprietary derivatives trading. But Germany’s largest bank is winding down its prop. trading operations, which led both Saiers and Pablo Calderini, its head of proprietary stock trading, to seek opportunities in the alternative investments industry.
Saiers has worked for Deutsche Bank for three years. He previously spent time at UBS and Susquehanna International Group.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…