Caixin
May 11, 2022 04:31 AM
FINANCE

Goldman to Relocate Morse as Co-Head for China Business

Move puts three partners in charge of the U.S. banking giant’s massive push into China
Move puts three partners in charge of the U.S. banking giant’s massive push into China

(Bloomberg) — Goldman Sachs Group Inc. appointed E.G. Morse to co-lead the China business and will relocate him to Shanghai as the U.S. bank continues to ramp up in the world’s second-largest economy.

Morse, currently head of Singapore, will become co-head of Goldman Sachs China alongside Wei Cai and Sean Fan, who are based in Hong Kong and Beijing, respectively, according to internal memos confirmed by a Hong Kong-based spokesman. Morse was also named head of China global markets, a newly created position to beef up the bank’s securities operation.

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