Goldman Memos Announce Exit Of Two Trading Execs

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.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events