Hedge Funds

Mbanefo quits CSFB for trading role at Paloma


Art Mbanefo resigned last month from his post heading Credit Suisse First Boston's global prime business to join Paloma Partners. At Paloma, Mbanefo is now a managing director and member of the office of the chairman. In his new role, he will focus on developing and hiring new trading groups and maintaining the $2 billion Stamford, Conn. arbitrage firm's relationships on Wall Street. At one time a senior commodities and derivatives trader for the former Credit Suisse Financial Products, word has it that Mbanefo may also start a global macro strategy for the firm. He reports jointly to