Goldman Sachs Hires JPMorgan Banker for #Saudi Investment Banking - Bloomberg

Goldman Sachs Hires JPMorgan Banker for Saudi Investment Banking - Bloomberg:

Goldman Sachs Group Inc. hired JPMorgan Chase & Co.’s Mohammed Nazer to join its investment banking team in Saudi Arabia, according to people familiar with the matter.

Nazer will relocate to the kingdom from the U.S. where he’s currently based, the people said, asking not to be identified as the information is private. His appointment follows the departure of executive director Omar Abu Innab, who covered Saudi Arabia from Goldman Sachs’ regional headquarters in Dubai, some of the people said.

A spokesman for Goldman Sachs declined to comment.