Saturday, 28 May 2016
Last updated 22 hours ago
Apr 23 2014 | 9:21am ET
Asia’s largest prime broker is somewhat smaller after the departure of seven employees.
Goldman Sachs has lost seven members of its Asia prime brokerage team this year. Among the exits were former managing director Alain Bordoni and former executive director Mark Wittet. The former’s license was removed on Jan. 28 and the latter’s on April 5, according to Hong Kong’s Securities and Futures Commission.
Most of the posts have been filled, both by internal candidates and new hires, Bloomberg News reports.
Bordoni was the highest-ranked employee to depart. The other six were, like Wittet, either executive directors or less senior.