Sunday 9 March 2014

Goldman Sachs plans to restart equity sales in Mena region | The National

Goldman Sachs plans to restart equity sales in Mena region | The National:



"Goldman Sachs Group, which generated one-third of its profit from trading last year, is restarting Middle East and North Africa equity sales in Dubai, according to two sources.



The fifth-largest bank in the United States by assets is hiring Veer Ramlugon as part of the plans, one of the sources said, asking not to be identified because the matter is not public.



Mr Ramlugon, who declined to comment when contacted, previously worked in Middle East equity and equity-derivative sales at Bank of America Merrill Lynch in Dubai."



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