Goldman unveils structured approach to debt business

The US investment bank is hoping to broaden its franchise by adding liability management to its capital markets credentials.

Competitor banks have been wondering for some months how the departure of DCM head Carlos Cordeiro and the arrival of Tracey McCabe and Paul Russo might change Goldman's approach to the debt business in Asia.

Cordeiro, one of the most well known faces in the Euromarkets and a Goldman partner since 1992 became a vice-Chairman of Asia last July. Over the course of his four year tenure, Goldman used its bulge bracket status to pursue...

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