Goldman Sachs

Goldman to introduce single data portal

Goldman Sachs plans to replace its Financial Workbench fixed-income research portal with a new system that will centralise data and research from across the bank for buy-side and corporate clients in the coming months.

Top dealers plot ‘Project Red’ revival

The backers of ‘Project Red’, a credit derivatives reference entity database (Red) set up by top dealers Deutsche Bank, Goldman Sachs and JP Morgan to remove basis risk in credit trading, have conditionally agreed to sell the service to UK credit risk…

Hetco stops power trading

Hetco, the New York-based proprietary energy trading company, has closed its power trading desk. Hetco was created in 1997 as a joint venture between US oil major Amerada Hess and Stephen Hendel and Stephen Semlitz, two former partners of Goldman Sachs,…

AIG makes senior FX appointments

AIG Trading Group has made four senior additions to its global foreign exchange operation over the past two months, a spokesperson in the bank’s Greenwich, Connecticut headquarters said.

Samsung Securities poaches Goldman specialist Choi

Korea’s Samsung Securities has poached Alex Choi from Goldman Sachs to head its newly established capital markets division in Seoul. Choi was previously executive director for liabilities management at Goldman Sachs in Hong Kong.

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