Former managers at Millennium Management LLC, Ziff Brothers Investments LLC, Carlyle Group LP and TPG-Axon Capital Management LP are starting hedge funds, leading a recovery in capital raising in London.
Pimco CEO Doug Hodge played defence on Thursday, reiterating that Bill Gross's departure has not affected the way the U.S. bond giant functions.
Global debt capital markets activity up 3%
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Champagne and lap dances at adult clubs to ease stress from work .
'It's infuriating and embarrassing for me'.
'It’s an exciting time to be joining the industry'.
David Tepper, co-founder of Appaloosa Management, spoke with Bloomberg TV's Stephanie Ruhle and Erik Schatzker on "Market Makers" this week.
UBS has begun scoring employees specifically on their behaviour, meaning year-end bonuses could be affected by whether they act ethically or are team players, two sources familiar with the policy said on Monday.
Banks are now hiring staff to listen in on traders' conversations, after banter was found to flummox sophisticated surveillance technology, according to a new report on market abuse.