According to a report in Alternative Investment News, Bob Sloan has stepped down as head of the prime brokerage group at CSFB. In a further sign of the growing importance of a derivatives capability to prime brokerage today, it is also reported that he is being replaced by Art Mbanefo, a managing director in the equity derivatives group.
Bob Sloan Quits CSFB
According to a report in Alternative Investment News, Bob Sloan has stepped down as head of the prime brokerage group at CSFB. In a further sign of the growing importance of a derivatives capability to prime brokerage today, it is