Sunday, 21 December 2014
Last updated 4 hours ago
Dec 5 2012 | 10:45am ET
Credit Suisse has bid farewell to its pointman for foreign exchange sales to hedge funds in Europe.
The exit of Thomas Farrer, head of European hedge fund forex sales, and another hedge fund forex salesman, Steve Russell, are among a number of cuts made by the Swiss bank, FX Week reports. Both men were based in London.
Farrer had worked at Credit Suisse for more than six years and Russell for three. The former had been head of European hedge fund forex sales at Bear Stearns, while the latter formerly worked at UBS' hedge fund sales desk, and at JPMorgan Chase.
Credit Suisse said last week that it would cut 100 investment banking jobs in the U.K. as part of its cost-cutting effort.
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.