Goldman Sachs Names Gmelich as Global Head of Credit Trading
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Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, named Justin Gmelich global head of credit trading as part of management changes in the wake of high-level departures.
Jeffrey L. Verschleiser will become global head of mortgage trading, according to an internal memo obtained by Bloomberg News. Gmelich and Verschleiser fill roles that were held by Donald R. Mullen until his departure earlier this year. Michael DuVally, a spokesman for the New York-based firm, confirmed the memo’s contents.