“It is with a heavy heart that I inform you of the passing of Arthur Cashin, Jr., a true giant in our industry, highly regarded market pundit,” Bill Carroll, head of sales and development at UBS Wealth Management USA, said in a memo to employees which was seen by Reuters on Monday.
Art Cashin on the floor of the NYSE on Christmas Eve in 2008. Cashin was a regular on CNBC, delivering stock market commentary and analysis to the business news channel’s viewers for more than 25 years.He began his business career at Thomson McKinnon in 1959. In 1964, at age 23, he became a member of the NYSE and a partner of P.R. Herzig & Co.