• Goldman loses senior credit trader to crosstown rival Morgan Stanley, as incoming CEO Solomon looks to remake securities business

    2 monthes ago - By Business Insider

    Shawn Joshi, who trades credit-default swap indexes, left Goldman Sachs on Wednesday for crosstown rival Morgan Stanley, according to people with knowledge of his exit.
    Joshi will join Morgan Stanley to head up the index trading desk once his garden leave is complete.
    He's just the latest in a series of exits from the securities division as soon-to-be CEO David Solomon puts his stamp on a division that has underperformed in recent years.
    Top Goldman Sachs trader Shawn Joshi has left for crosstown rival Morgan Stanley as his former employer continues to suffer churn in the trading business...
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