Goldman Sachs Says Telecommunications Banker Manby Retires

Goldman Sachs Group Inc. said Charles Manby will retire as global chairman of technology, media and telecommunications banking.

Manby will become an advisory director to the firm, the New York-based firm said in a memorandum to employees last month. He joined Goldman Sachs’s corporate finance unit in London in 1990 before becoming a managing director in 1997 and partner in 2000. A spokeswoman confirmed the contents of the document today.