Tuesday, 30 September 2014
Last updated 1 min ago
Jan 12 2012 | 8:09am ET
Two of the four co-heads of securities trading at Goldman Sachs Group are leaving the firm, according to internal memos.
Goldman spokesman Michael DuVally told Reuters that David B. Heller and Edward K. Eisler will continue as non-employee advisers to the firm.
London-based Isabelle Ealet, the firm's global head of commodities, has been appointed one of three heads of the securities division.
The cutbacks at Goldman, like those at other investment banks, follow a difficult year which saw a decline in trading and investment banking. Goldman’s earnings per share are estimated to have plummeted 62% from 2010, according to a survey of analysts by Thomson Reuters.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...