Sunday, 25 January 2015
Last updated 1 day ago
Mar 21 2012 | 1:49pm ET
Another top Goldman Sachs trader has left the firm, possibly for the hedge fund industry.
Raj Sethi spent 14 years at Goldman, most recently as a managing director in its commodity derivatives trading group. But he left the firm earlier this week, along with Ben Jacobs, a commodities vice president, Bloomberg News reports.
According to Bloomberg, Sethi may join a hedge fund. If he does, he'll be the latest Goldman proprietary trading veteran to do so as new U.S. regulations barring prop. trading come into force.
During his Goldman career, Sethi ran the bank's U.S. power-trading desk and traded oil and other commodities in New York, London and Singapore.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…