Morgan Stanley hire DB's Weinstein as distressed trading head in US - Business Insider

Matthew Weinstein has resigned from the German lender and is joining Morgan Stanley as the head of North American distressed trading, according to people familiar with the matter.

Distressed credit trading is primed for renewed activity and importance as a trillions of corporate debt comes under pressure from the economic fallout of the coronavirus pandemic.Morgan Stanley has a hired a top trader from Deutsche Bank's distressed-debt operation, a bread-and-butter businesses for the German lender that will gain renewed importance as distressed debt balloons amid the economic fallout from the coronavirus.

If I were the top trader, I would quit & work from home. It makes no sense the top trader still works for banks.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

U.S. pension funds may pour $400 billion into stocks, lifting virus-hit markets: JP MorganU.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP Morgan said, providing a potential boost to equity markets battered by the coronavirus pandemic. Oh, boy. Hang on to your hats pensioners. Jesus. Bad move. They did say poor STOP THE ALGOS FROM ISSUING A BUY SIGNAL TO THE TRADING FLOOR (SERVERS) NOW NOW NOW NOW
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »

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