Wells Fargo tops big recruiting week with $6.3B team
UBS Loses $6.3B Team to Wells Fargo In another significant blow to UBS, Wells Fargo has successfully recruited a team of advisors from Hingham Street Partners, who were considered some of the most respected in the industry. The 16-advisor team, with $6.3 billion under management and nearly $39 million in annual revenue, has joined Wells […]
Hedge fund ExodusPoint’s ex-head of execution services joined a market-maker
James Rubenstein Returns to the Finance Industry After a hiatus from the hedge fund world, James Rubenstein has made a comeback, this time at electronic market making firm GTS Securities. Rubenstein, who previously worked at ExodusPoint, is now taking on a senior role at GTS Securities in New York. About GTS Securities GTS Securities is […]
Bendigo snares RACQ Bank deposits and loans
Bendigo and Adelaide Bank Acquires RACQ Bank’s Retail Lending Assets and Deposits Bendigo and Adelaide Bank has announced its plans to acquire the retail lending assets and deposits of RACQ Bank, a subsidiary of the Royal Automobile Club of Queensland (RACQ), at book value. The strategic move comes at a time when RACQ Bank’s retail […]