Friday, 24 October 2014
Last updated 18 hours ago
Jul 28 2011 | 11:16am ET
A top executive at Credit Suisse's prime brokerage has been laid off.
Ilicia Silverman, vice president of the firm's prime consulting business, has left the firm. According to HFMWeek, her exit is believed to be a redundancy. Credit Suisse today announced plans to axe a further 600 jobs, bringing to about 2,000 the total number of job cuts at the Swiss bank this year.
Silverman had worked in the role since 2007. She joined Credit Suisse from software and information technology company SunGard.
Silverman's post-Credit Suisse plans are unclear.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...