The researchers, whose work is published in the journal Nature, tested 200 traders, asset managers and private bankers from 10 different banks, including 180 from a major international bank.
What makes you effective as a trader, asset manager or dealmaker doesn't automatically make you a good manager.
Goldman is considering changes that could turn some of its star proprietary traders into asset managers who rely on capital from outside investors.
LONDON — Credit Suisse shook the markets on Tuesday when it announced that pricing errors by traders on asset-backed securities would result in write-downs of $2.85 billion.
Hollywood dismissed him as a trader of assets who didn't understand the art of the silver screen.
The Behavox platform, targeted at investment banks, brokerage houses, commodities traders and asset managers, claims to be able to detect various types of misconduct such as insider trading, rogue trading, abuse of conflicts of interest, as well as more generic threats such as bribery, expenses abuse and IP theft.
Particularly around the holidays in November and December, with thinly staffed desks, as traders and asset managers reallocate their portfolios, any piece of news can cause bigger price movements than normally would occur when we are not in a holiday period.
Goldman Sachs (GS: 147.93,+0.57%+0.57%) has figured out a novel approach to getting around the Volcker Rule's restrictions on trading: it's remaking its risk-taking traders into asset managers, and the rest of Wall Street may soon follow, FOX Business Network has learned.
The Efficient Market Hypothesis claims that traders and asset managers cannot beat the market.
To sell short, traders typically borrow assets like stocks and sell them.
