Credit Suisse is laying off 30% of prop traders?
HF
Tags:
(Neanderthal, 3,161
Points)
on 7/20/10 at 6:24pm
According to dealbreaker, Credit Suisse's prop group lost $2 billion in 2009, and are planning on laying off 30% of the group. No idea whether it's true or not.





Misquoting a probably
Misquoting a probably baseless rumor. Nice work!
That's harsh. Is prop trading
That's harsh. Is prop trading almost wiped out?
I win here, I win there...
i doubt the data from
i doubt the data from dealbreaker.
baseless rumour? i thought in
baseless rumour? i thought in the world of finance, if there's a rumour, chances are its more or less true