Saturday, 1 November 2014
Last updated 20 hours ago
Apr 26 2011 | 11:44am ET
Bank of America has tapped a former hedge fund executive to become CFO of its investment bank.
Jennifer Hill will take the post at Bank of America Merrill Lynch from Bob Qutub, who becomes CFO of BofA's consumer banking division. She joins the firm from the Royal Bank of Scotland Group, where she landed in 2008 after leaving Tisbury Capital Management.
London-based Tisbury closed its doors a year later. Hill had served as its CFO.
Before joining Tisbury, Hill was a managing director at Goldman Sachs and a vice president at Citibank.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Traders form habits quickly. Understanding these and their effects can better equip us to decipher actual market moves.