Summary
NEW YORK (Reuters) - Boutique bankplans to hire as many as 150 traders for its new fund, recruiting talent from banks' proprietary desks and smaller hedge funds in the face of new U.S. regulations.
Guggenheim Global Trading LLC, launched by managing partnersand, has already met with two dozen trading groups it may hire and will form its trading operation in the next month or two, Mr. Katzovitz told Reuters on Thursday [March 3].See the full content of this document
Extract
Guggenheim Fund to Hire Up to 150 Prop. Traders
"There is an enormous flow of talent," he said. "The opportunity is right, the timing is right...
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