The investment bank Goldman Sachs is facing the departure of several of its key employees, according to the Bloomberg agency: its legal director, the head of its activities dedicated to individuals and the co-head of the asset management division .
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Karen Seymour, who helped Goldman Sachs settle the lawsuits related to the Malaysian 1MDB fund scandal, will be replaced by Kathy Ruemmler, the bank's current head of regulatory affairs, Bloomberg said on Wednesday, citing sources familiar with the matter.
Karen Seymour, who as a New York prosecutor led the 2004 insider trading case leading to jail time for businesswoman Martha Stewart, joined Goldman Sachs in January 2018. Contacted by AFP, the bank declined to comment.
Omer Ismail leaves for Walmart
Another eminent departure reported on Sunday by Bloomberg: that of Omer Ismail at Walmart.
Omer Ismail was heavily involved in the creation of the online lending and deposit platform developed in recent years by Goldman Sachs to attract individuals and SMEs, Marcus.
He is expected to join supermarket giant Walmart, which announced in January the launch of a fintech start-up.
The co-head of asset management for the merchant bank, Eric Lane, will be leaving for investment firm Tiger Global, according to Bloomberg.
He joined Goldman Sachs 25 years ago.