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
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
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