Investment Banker Thomas J. Hughes Mourned

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Mark Melin
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Updated on

The statistical anomaly of bankers continuing to commit suicide amid very little apparent personal financial pressure continues, as Thomas J. Hughes, 29, a former Citigroup and UBS investment banker who joined the boutique shop of Moelis & Company in February, 2014, is reported to have thrown himself from the 24th story of his luxury apartment building in lower Manhattan. Colleagues “saddened” after apparent suicide of investment banker Colleagues at Moelis & Co said in a statement the were “saddened” by the death, which stopped traffic yesterday around 11 AM local time. A 2009 Northwestern University graduate, Hughes quickly joined UBS…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.