Goldman's Mark Machin moves to buy-side. Who's next?

Mark Machin, former regional vice-chairman at Goldman Sachs, has joined Canada Pension Plan Investment Board as president of Asia-Pacific. There are sure to be other high-profile bankers leaving the industry this year.
Mark Machin: moving to the buy side
Mark Machin: moving to the buy side

Lunchtime chatter on Friday was about how Mark Machin, former vice-chairman Asia-Pacific for Goldman Sachs, was joining Canada Pension Plan Investment Board as president of the region.

“You’re going to see more of these types of moves this year,” said a senior J.P. Morgan banker over dinner on Friday. “It’s inevitable.”

Some senior bankers who have been in the industry for a long time are looking to the buy-side as the next step in their careers. Money managers, after all, are showing some promise in Asia. Meanwhile, on the investment banking front, debt deals are fast and furious, and MA transactions are ticking along, but the...

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