Goldman Sachs May Strip 60 Executives of Partnership

Goldman Sachs (GS) may strip as many as 60 executives of their partnerships this year to make way for new executives in a process known as “de-partnering.”

Only 375 or so of Goldman’s 35,000 employees are partners, The New York Times reported. Winnin…

Goldman Sachs Poaches Senior Banker From UBS

Goldman Sachs (GS) poached a top banker from the London office of Swiss bank UBS (UBS), The Financial Times reported.

Philip Shelley, co-head of corporate broking at UBS, will make the move to Goldman later this year, The Financial Times reported without naming its sources.

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Corporate broking involves a bank acting as a point of contact between a company and its investors.

Shelley…

Continue reading Goldman Sachs Poaches Senior Banker From UBS

Goldman Sachs Poaches Senior Banker From UBS originally appeared on DailyFinance on Thu, 09 Sep 2010 08:47:00.

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