Carlos Cordeiro to retire from Goldman

Goldman Sachs'' vice-chairman will retire at the end of the year.

There will be few people who don't know who Carlos Cordeiro is, and for his competitors at other investment banks they may be relieved to hear that the workaholic Goldman Sachs banker and current Asian vice-chairman is to retire. It will be the end of a stellar career with the firm he joined in 1990, and of which he became a partner in 1992.

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