Goldman Sachs Group Inc. appointed one of its top financing bankers to a new role helping to plot the strategy of its trading businesses. Jim Esposito, co-head of the Wall Street firm’s financing group, was named chief strategy officer of the securities division, Goldman’s senior trading executives wrote Wednesday in a memorandum sent to...
Goldman Sachs has announced a big shake-up in its securities and investment banking divisions, most notably, Jim Esposito, who will now be Chief Strategy Officer of the securities business of the bank. The securities division houses equity sales and trading, which is thought to have been struggling recently; due to this, the role is considered to be of critical importance.