If you’re an FX trader, it’s been a tough 20 years. Bloomberg says NatWest Group, once home to some of London’s top FX traders, has cut the number of people dedicated to G-10 FX trading by 70% over the past two decades. The trading jobs have disappeared, but a different kind of job has taken … Read more
Launch Summary: Scroll down for live coverage of the launch of a SpaceX Falcon 9 rocket from Space Launch Complex 40 on Tuesday, June 4. Night owls cheered when a SpaceX rocket launch was scheduled for just before 3 a.m. EDT Wednesday in the middle of the night. However, the launch was delayed until 4:55 … Read more
The Brexit bonus is baaack JPMorgan. The bank has decided to take advantage of amended UK legislation to allow the payment of bonuses of up to ten times basic salary to risk takers (senior staff) at its London branch (compared to twice under the old, EU derived regulations). It is similar to, although subtly different … Read more
JPMorgan’s investment banking analysts are now largely back in the office. But when that wasn’t the case and they complained about attempts to monitor their diligence at home, they found a way around the bank’s surveillance systems: mouse pushers. Get morning coffee ☕ in your inbox. Register here. Mouse jigglers were first reported to JPMorgan … Read more
52-year-old Managing Director (MD) Jonathan Kaye of Moelis & Co. didn’t have a good weekend. Whether or not he is the man in the social media video who punched a woman in the street during Brooklyn Pride on Friday night and was told, “You’re an asshole, you’re a horrible person,” he’s been referred to as … Read more
He’s not exactly Bill Ackman, who yesterday acquired a net worth of $8.5 billion after selling a stake in his hedge fund, Pershing Square Capital Management, but after two years of doing little, Keith Gill, aka Roaring Kitty, it’s not bad either. Get morning coffee ☕ in your inbox. Register here. Estimates suggest he has … Read more