Watson joined BAM from Millennium in London in September 2024. He spent nearly seven years at Millennium and is thought to have run a pod of over 20 people there.

Writing there a few weeks ago, Connolly said there was a time in 2005 when he paid a guy $400k for two years in a row (nearly $700k at today's prices) and gave him two years' notice that his job was ...

It’s the tail-end of application season if you want to do a spring week at an investment bank. If you don’t know what those ...

It was one of the most frightening experiences I had ever had." He described the seven months at DLJ as "bleak and depressing ...

"The whole industry should be ashamed that this happened in the first place," says one senior trader who previously worked ...

It is presumably with this in mind that Chris Mascarinas, Jain Global's managing director of marketing and investor relations ...

The circa 30% won’t make associate 0 until July 2027, by which time they will have been Citi analysts for a full three years.

People on the desks being exited are still officially employed by NatWest. It's not clear who is at risk, but NatWest's euro government traders include the likes of Marc Moulin and Axel Didio in Paris ...

It's been a brutal few weeks for macro hedge fund managers of the world. Bloomberg reported last Friday that after losing ...

Forget Jane Fraser and her aspiration to cut 20,000 jobs at Citi, HSBC CEO Georges Elhedery is developing a strong reputation ...

To paraphrase Rhett Butler in Gone with the Wind, there is more good hiring to be done when a hedge fund fails than when one succeeds. The latest blockade runner, on the buy-side at least, is Citadel ...

As we noted yesterday, Citi has begun promoting its analysts to associates in two years instead of three. Citi was promoting ...