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Hedge fund gains as computer says 'yes' (and 'no')

Thumbs Up At Desk

For Kyo Yamamoto, leaving investment choices to a computer rather than making his own calls has been the best strategy as unorthodox global monetary policies only worsen market volatility. Right now, the machine says sell Japan government bonds.

People News: Goldman Sachs, C Suisse, Nomura

Now Hiring

Goldman Sachs hired Sarah-Marie Martin as a partner in its financial-sponsors group, luring away a Credit Suisse banker who works with the world’s largest private-equity firms, according to a person with knowledge of the hire.

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FT - RBS still has work to do

Hundreds of job cuts, more branch closures and a move to offload millions of pounds of pension expenses to employees are among the latest attempts by Royal Bank of Scotland to slash costs.