Wednesday, 29 July 2015
Last updated 4 hours ago
Jan 12 2012 | 8:09am ET
Two of the four co-heads of securities trading at Goldman Sachs Group are leaving the firm, according to internal memos.
Goldman spokesman Michael DuVally told Reuters that David B. Heller and Edward K. Eisler will continue as non-employee advisers to the firm.
London-based Isabelle Ealet, the firm's global head of commodities, has been appointed one of three heads of the securities division.
The cutbacks at Goldman, like those at other investment banks, follow a difficult year which saw a decline in trading and investment banking. Goldman’s earnings per share are estimated to have plummeted 62% from 2010, according to a survey of analysts by Thomson Reuters.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…