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Thursday's Headlines: Guggenheim Partners to Hire 150 Prop Traders

Boutique investment bank Guggenheim Partners will hire up to 150 prop-trader refugees from bulge-bracket banks. [Bloomberg]

Credit Suisse hired Eric Miller, former head of credit research at Barclays Capital, to run fixed-income research globally - a move to help expand its debt underwriting business. [Bloomberg]

UBS has appointed two former Washington insiders to its wealth management division, potentially improving its standing with regulators. [Dealbook]

A new SEC proposal would require Wall Street firms to file accounts of their bonuses with the agency. [Dealbook]

Investment risks replaced regulation as the chief concern among hedge fund investors, a sign that the industry has stabilized. [Financial News]

AUTHORScott Krady Insider Comment

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