Goldman Sachs Japan cuts IBD staff

The US firm has dismissed four managing directors, three vice-presidents and six associates, according to market sources.

Goldman Sachs's investment banking division IBD in Tokyo has cut around 10% of its workforce, market sources report, including four managing directors, three vice-presidents and six associates. The cuts were made last week. Goldman Sachs Japan would not comment on the reports.

Of note is the dismissal of Naomi Matsuoka, MD, who headed the equity capital markets team. Matsuoka has reportedly been at Goldman for over 20 years and is known as a successful banker.

├┤It's remarkable she was...

To continue reading, please login or register for free

Click for more on: ibd | goldman | matsuoka | cuts

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...