Two of the three global securities co-heads will retire in a move that seemed to be partly timed to spare them the indignity of taking public blame for last year’s trading problems.
Management dynamics were also at play in the departures of Isabelle Ealet and Pablo Salame from their roles co-running sales and trading at Goldman.
In March, David Solomon was appointed sole president of Goldman Sachs and likely successor to long-standing chief executive and chairman Lloyd Blankfein.
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