2 hours ago | January 29th, 2015 14:01:08 GMT.

SNB move claims victims at Fortress


It’s never a good sign when your Chief Risk Officer leaves. Hedge fund giant Fortress has lost its CRO Sherif Sweillam and portfolio manager Tye Schlegelmilch. Both resigned this month after the SNB move, Reuters reports. A sub-fund partly managed … Continue reading


2 hours ago | January 29th, 2015 13:53:54 GMT.

Holiday behind the drop in jobless claims


The drop in jobless claims was the largest one-week decline since April 2009. Unfortunately, it’s probably not the great news that it looks like, the report covered the Martin Luther King Jr federal holiday and that likely skewed the numbers lower.

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