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Goldman Continues To Lose NY Traders
Goldman Sachs has recently witnessed the exit of over a dozen traders from the North American government bonds and derivatives trading desk in New York.
Goldman Sachshas recently witnessed the exit of over a dozen traders from the North American government bonds and derivatives trading desk in New York,Reutersreports. Traders continue to leave the U.S. bank due to lesser promotions and pay.
Interest rate derivatives traderBrian Mooney, who served the bank for 22 years, has quit to joinBank of America Merrill Lynch. Almost nine other traders from the rates desk have moved to rival banks, such asUBS,NomuraHoldings,JefferiesandJP Morgan Chaseor hedge fund firms, includingStark Investments.
Click here for the story fromReuters.
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