Traders Who Left Banks for Hedge Funds Heading Back to Banks
- Trump administration could rewrite some Dodd-Frank regulation
- Low liquidity and volatility means hard slog for macro funds
Traders Head Back to Wall Street
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Traders who fled banks for hedge funds are on their way back to Wall Street.
This month, Barclays Plc hired Chris Leonard, a founder of two hedge funds in the decade since he left JPMorgan Chase & Co., to turn around U.S. rates trading. At the end of last year, ex-bankers Roberto Hoornweg and Chris Rivelli, both of Brevan Howard Asset Management, left that London hedge fund for banks.