Fast-growing Stone Ridge has poached execs from Credit Suisse, BNP Paribas and Morgan Stanley in recent weeks.
Amid a slowing economy and market, investors have tamped down expectations for rate hikes. They may have further to go.
Some people complain about the so-called golden handcuffs of working in finance. Forrest Xiao broke free.
Too big to fail banks, instead of getting smaller, are pretty much taking over the financial universe.
Jon Corzine is considering starting his own hedge fund, the Wall Street Journal reported Sunday on its online edition.
Morgan Stanley reported a much stronger-than-expected rise in quarterly profit, boosted by higher revenue from trading bonds and equities.
The Fed has removed one crutch for stocks and left another in place, Peter Boockvar tells CNBC.