Employee-owned securities firms spun off from larger concerns are one solution when market conditions become challenging and staff members face layoffs. Such is the case for Black River Asset Management, which just experienced the spinoff of Argentem Creek Partners, an independent emerging market credit specialist focused on institutional investors that launched Dec. 30. The founders… Read More >>
John Bates Takes on Big Data for Software AG as Liquid Holdings Grows Sales Team
John Bates Takes on CTO Post for Big Data at Software AG Software AG has appointed Dr. John Bates to the position of chief technology officer (CTO) for the Intelligent Business Operations and Big Data division, officials confirm. Bates who assumed his new post in July will also serve as a member of the group… Read More >>
Thomson Reuters to slash 3,000 jobs as BI-SAM Hires Performance Measurement Expert
Thomson Reuters to Cut 3,000 Jobs Market data products and systems vendor Thomson Reuters will be cutting 3,000 jobs, mostly from its Financial and Risk division, according to an internal memo that emerged at the same time as the company’s reporting of third quarter results.The financial results include a $350 million charge that will… Read More >>
