Monday, 29 December 2014
Last updated 28 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.