Goldman Sachs fires several executives in transaction banking kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Goldman Sachs has fired several executives in its transaction banking business following violation of the firm's communications policy, according to a memo seen by Reuters on Wednesday.
Investing firm Goldman Sachs has reportedly fired several executives in its transaction banking unit after they violated the company's communications policy.
Goldman Sachs has fired several executives in its transaction banking unit for violating the firm s communications policy. The company did not disclose the names of the individuals. Philip Berlinski, the bank s treasurer, will take over the management of transaction banking on an interim basis. Hari Moorthy, the head of transaction banking, was among those who departed. The individuals violated the firm s communications policy and failed to cooperate with the compliance department.
The company did not name the individuals in the memo. Philip Berlinski, the bank s treasurer, will take over day-to-day management of transaction banking alongside Akila Raman and Luc Teboul. Berlinski is also leading Goldman s financial technology and consumer business on an interim basis.