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- SEC Appoints New Chair and Board Members to PCAOB
- FINRA, Georgetown Team Up to Deliver 'Certified Regulatory and Compliance Professional' Program
- FINRA Board Meeting - This Week's Agenda
- Statement on Cryptocurrencies and Initial Coin Offerings - SEC Chair Clayton
- Company Halts Initial Coin Offering Over SEC Registration Concerns
- Kevin O'Leary Explains One Big Thing People Don't Understand About Bitcoin (But Need To)
- CME Bitcoin Futures: A Better Way to Buy (or Short) Bitcoin?
- Address at ICI's 2017 Securities Law Developments Conference - SEC Commissioner Stein
- New York Pension Fund Seeks More Pay Disclosure from Wells Fargo
- Wells Fargo Sanctions Are on Ice Under Trump Official
- Josh Brown: Here's How to Buy Bitcoin, But Realize It Could Be One Giant Bubble
- Trump's New Tax Plan Could Cost Citigroup $20 Billion
- Morgan Stanley Fires Former Congressman Harold Ford Jr.
- Al Franken Will Resign Over Sexual Misconduct Allegations - His Full Resignation Speech
- Ex-NFL Player Gets 40 Years for Running $10Mn Fraud
- Bitcoin Blows Past $15K, Adding $2K in Under 12 Hours
- Financial Adviser Settles Charges for Defrauding Private Equity Fund Investors
- New Cross Market Equity Supervision Report Cards - FINRA Phone-In Workshop, WebEx Presentation
- Mueller Just Crossed Trump's Red Line, With Deutsche Bank Subpoena
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NEWSLETTERS & ALERTS
Goldman Has New Investment Banking Leadership
Goldman Sachs is promoting Global M&A co-head Gregg Lemkau and financing group chief Marc Nachmann to join John Waldron as co-heads of the global investment banking division of Goldman Sachs. The news was announced on Monday in an internal memo.
The changes come after Goldman last year elevated former banking co-head David Solomon to the firm's #2 position alongside CFO Harvey Schwartz, following Gary Cohn departure to join the Trump administration. Richard Gnodde, Waldman's current counterpart, will leave that position to become CEO of of Goldman Sachs International.
Gregg Lemkau, 47, who currently is has been with Goldman for 25, starting in 1992. He graduated Dartmouth in 1991. Mr. Lemkau's sister is chief marketing officer at JPMorgan. According to his LInkedIn profile, he previously served as:
- COO, Investment Banking Division (2007-08)
- Co-Head of Global Technology, Media & Telecom Investment Banking (2008-11)
- Head of M&A for EMEA and Asia Pacific (2011-13)
- Co-Head of Global (2013-present)
Marc Nachmann, a native of Germany, joined Goldman in 1994 after graduated from Weslyan College. According to his profile on the Goldman Sachs web site, Marc Nachmann is Head of the Global Financing Group and Head of Latin America for the firm. He serves as Co-Chair of the Investment Banking Division (IBD) Risk Committee. Mr. Nachmann is a member of the Management Committee, Firmwide Risk Committee, Firmwide Capital Committee, Firmwide Investment Policy Committee and IBD Executive Committee.
Mr. Nachmann has held various leadership positions within IBD since joining the firm in 1994. Prior to assuming his current role, he served as Co-Head of Global Natural Resources. Mr. Nachmann was named Managing Director in 2002 and Partner in 2004.