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BESTINVER sales trader joins MIT SIM

The TRADE

He most recently served as e quity sales trader, leveraging key knowledge of the Italian, Swiss, US and UK markets. The post BESTINVER sales trader joins MIT SIM appeared first on The TRADE. He also previously worked for Gestnord, the brokerage arm of Banca Sella.

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Polar Capital’s head of trading departs for rival hedge fund Millennium

The TRADE

Polar Capital’s head of trading Alex Jenkins has left the boutique hedge fund to join rival Millennium, The TRADE can reveal. Jenkins has been head of trading at Polar Capital for three and a half years, joining in 2019 after serving with Highbridge Capital Management for five years as its head of European trading.

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People Moves Monday: In case you missed it

The TRADE

He took up his role as chief executive officer of the institutional clients group in 2019 after previously serving in the bank’s markets and securities services business. Investment banking boutique KNG Securities appointed Gary Ballard as its new head of equities.

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People Moves Monday: Shifts in the trading space

The TRADE

Polar Capital’s head of trading Alex Jenkins has left the boutique hedge fund to join rival Millennium later this year, The TRADE can reveal. Jenkins has been head of trading at Polar Capital for three and a half years, joining in 2019 after serving with Highbridge Capital Management for five years as its head of European trading.

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Periculum Advises Mi-Tech Tungsten Metals, LLC. in its Sale to Global Tungsten & Powders Corp, U.S. Affiliate of the Plansee Group

Periculum Capital

Periculum began formally working with Mi-Tech in December 2019 to find a buyer that could strengthen the Company’s global supply chain, realize significant strategic synergies and qualify to own Mi-Tech ’s portfolio of customer relationships that included controlled and classified federal government programs.

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People Moves Monday: SSGA, Clear Street, BTIG and more…

The TRADE

Wiedmann brings more than 18 years of experience in asset management and sales in the German-speaking markets. She initially joined Edmond de Rothschild AM in June 2021 as co-head of sales Germany and Austria, later being promoted to head of sales Germany and Austria in January 2022.

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The Collapse of Silicon Valley Bank: The Start of Great Financial Crisis 2.0?

Mergers and Inquisitions

SVB’s deposits grew from ~$62 billion at the end of 2019 to $173 billion at the end of 2022, and its loan-to-deposit ratio went completely out of whack: Tech startups were flush with cash due to a ridiculous fundraising environment in 2020 – 2021, and they put the money they raised in the bank. 2) Applicability – In the U.S.,

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