musical-chairs-at-goldman-sachs-continues

Musical chairs at Goldman Sachs continues

Goldman Sachs fills the gaps created by departures at its China JV.
In the latest in a series of announcements relating to its China joint venture, Goldman Sachs Gaohua, the firm announced that Richard Ong will be moving to the JV and Tim Leissner will move to Singapore to assume OngÆs current position.

As we reported on Tuesday, Joe Stevens, COO of the JV unexpectedly departed Goldman Sachs Gaohua for a sponsorÆs role at Standard Chartered. This was followed by an announcement from the firm that CEO, Bill Wicker, would be relinquishing his China responsibilities and returning to New York to assume a role in the natural resources group.

Naturally, the two changes coming within hours of each other suggest they are inter-related. It is speculated...
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