Have a confidential story, tip, or comment you’d like to share? Contact: the first instance.īear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Make yourself visible to recruiters hiring for jobs in finance and technology. Goldman lost an entire team to Marshall Wace the other month – and Morgan Stanley has been picking off traders from Bank of America and Citi after losing some to Deutsche Bank.Ĭlick here to create a profile on eFinancialCareers. Stein and Abdelnour aren’t the only Marco traders moving around. He left Citi after 4 years with the bank, and was most recently head of US swaps trading. Karl Abdelnour, meanwhile, joined Schonfeld, also as a portfolio manager. He joined the firm as a VP from UBS and was part of Goldman’s 2022 class of managing directors. Gary Stein joined Millennium as a portfolio manager after seven years at Goldman Sachs, most recently as the bank’s head of Latin American FX trading. ![]() And it seems banks are expecting the action to continue – we’ve spied at least two senior traders moving from banks to hedge funds.
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