Goldman Sachs China venture loses COO to Standard Chartered – report

Goldman Sachs China venture loses COO to Standard Chartered – report

BEIJING (XFN-ASIA) – The chief operating officer of Goldman Sachs Group Inc’s China joint venture – Goldman Sachs Gaohua Securities – has quit the firm to join Standard Chartered PLC in Singapore, the Wall Street Journal reportedd, citing a Standard Chartered spokeswoman.

Joe Stevens will start work as group head of principal finance for Standard Chartered on Dec 1, the Hong Kong newspaper reported.

Goldman Sachs Group owns a 33 pct stake in Goldman Sachs Gaohua Securities.