Supposedly "the US head of institutional sales, head of risk for one of the engines and the head of structured finance and prime brokerage are all leaving, as well as one of the former CIOs."
Unfounded Rumor Of The Afternoon: Departures At Man Group/Investments?
Posted by Bess Levin, Mar 31, 2009, 4:40pm
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Posted by alphadog , Mar 31, 2009 4:50PM
probably want to take advantage of the roaring job market
Posted by guest , Mar 31, 2009 5:17PM
Is this MF Global we're talking about?
Posted by guest , Mar 31, 2009 7:51PM
Prime Brokerage is done... it'll never be or even come close to what it was a few years ago. It's only going to get worse in PB.
Posted by guest , Mar 31, 2009 8:01PM
before goldman purchased spear leeds, prime brokerage was the dregs of wall street.
in terms of prestige, it fell somewhere between the brokerage firm in that bad movie with ben afleck and a day trading shop in borough park, brooklyn.
it's just a regression to its mean, if you really think about it.
Posted by guest , Mar 31, 2009 8:06PM
@4, almost everything happening these days is a regression. BTW, that's unfair to Boro Park.