Paloma slashes trading groups to boost returns
Thu Dec 22, 2005
Paloma Partners Management has cut just over half of its
roughly 32 trading groups as it undertakes a broad
restructuring aimed at boosting sluggish performance. Most of
those trading groups have already left the Greenwich,
The magnitude of the cutback is significant, marking a major
change in Paloma's wide-ranging investment management
structure. The move comes at a time when the...
ISSN: 2151-1845 / CDC10004H
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