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Goldman Sachs fixed-income sales could see exodus to UBS

UBS is in the midst of trying to hire a team of up to 12 fixed-income salespeople from Goldman Sachs in Korea and Hong Kong.

UBS is trying to beef up its fixed-income sales team at the expense of rival Goldman Sachs, with attempts to poach up to 12 people from the US investment bank in Hong Kong and Korea, according to sources.

Goldman could lose the majority of its fixed-income sales team in Korea and some people in fixed-income sales in Hong Kong, said a source at a rival investment bank. Up to four people in Goldman's fixed-income sales team in Korea are considering offers to leave, said another source. Goldman is still trying to convince the Korea team to stay so the outcome remains uncertain, the second source added.  

The fixed-income sales team in Korea is...

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