Wednesday, 1 October 2014
Last updated 9 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.
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...