Eisman will clear out his desk by June 30. Continue reading »
people moves
One Notable Banker Leaves UBS, Bunch Of Untagged Ones Who Slipped Out The Back Door Before They Could Be Accounted For Follow
By Bess LevinReuters: “Senior UBS AG banker Jim Glerum and several other investment bankers have left the firm, a UBS spokesperson said on Wednesday. It was not clear exactly how many bankers have left UBS in the latest departure, or which firm they will join.”
Apparently the vice-chairman is not retiring but “pursuing opportunities outside the firm,” though it’s unclear where. [BW]
Head of the Asia portfolio is said to be on the way out. Continue reading »
Richard Ruzika is leaving the nest. Continue reading »
Can Anyone Translate What A Person Familiar With The Matter Meant When He Said A Deutsche Bank Exec’s Jump To Jefferies Was An “Interesting Move”?
By Bess LevinSean George, a Deutsche Bank managing director in corporate bond and credit derivatives trading from Deutsche Bank recently accepted an offer to work at Jefferies, as the firm’s “first addition in credit derivatives trading.” A person familiar with the matter commented that Jefferies “must have thrown the kitchen sink at [George]” to get him to come over and that it was an “interesting move.” It feels as though this PFWTM wanted to say or meant to imply more, but couldn’t risk having it come back to him. What do you figure he was driving at?
This is probably not something Lloyd wanted to hear today but he’s going to have to get used to it: Bill Simmons has apparently hired away the amazing Katie Baker, who’s been with Goldman Sachs for the last six years, most recently as a VP, for his new project. Sorry, LB. You knew this day was coming, but you probably imagined it’d be Jamie doing the poaching. [Deadspin]
