Moore Capital Management traders Jens-Peter Stein and Christopher Nicoll are planning to launch their own hedge fund.Tyrone Gilliams Jr., a commodities trader and hip-hop promoter, was arrested on Wednesday morning in Philadelphia on charges that he allegedly committed wire fraud.
Barclays Wealth has appointed Miray Katerji as managing director of the strategic solutions group for the Middle East North Africa.
UBS ‘ co-heads of equities, Francois Gouws and Yassine Bouhara, are out after the rogue trading loss.
Reuters has released a 68-page compilation of all their old articles, which together make up their story on the downfall of Goldman Sachs.
Guillaume Rambourg, the former Gartmore Group money manager who quit last year amid a regulatory probe, will start a Paris-based hedge fund. Rambourg has hired Karim Moussalem, who was previously the head of Goldman’s Delta One trading desk in Europe. For more on Rambourg’s story click here >
Father and son, Roberto and Alejandro Torres, were sentenced to 48 months and 46 months respectively in prison for their accounting roles in a $930 million Ponzi scheme.
There are rumours going around Wall Street that Goldman Sachs is going to cut its bonuses to almost zero.
There’s a vending marching challenge underway at a Connecticut firm where the challenger must consume 41 different snacks before 4 p.m. today and keep it down for 2 hours. There is no prize.
Sesame Street is set to unveil a new impoverished puppet named Lily, whose family faces an ongoing struggle with hunger issues.
Looks like some of the Occupy Wall Streeters are putting up Craig’s List ads looking for a hook up at Zuccotti Park in Lower Manhattan.
CNN anchor Erin Burnett pissed off some of the Occupy Wall Streeters with her report where she schooled one of the demonstrators on bank bailouts and called others out for using mobile phones, drinking Gatorade and wearing designer yoga clothes.
A group of the Occupy Wall Street protesters are now suing New York City, Mayor Michael Bloomberg, and police commissioner Ray Kelly, alleging they violated their constitutional rights during the massive arrest on Brooklyn Bridge Saturday.
Bank of America’s website is still experiencing technical glitches.
Galleon founder Raj Rajaratnam, who’s the mastermind of one of the largest insider trading schemes ever, asked if he could serve just 8 years in prison.
RBC announced it will provide funding of $1.18 million to sixteen organisations across the U.S. that are working to protect watersheds and improve access to clean drinking water.