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Goldman Trading Whale Ram Sundaram Exits After Era of Shrewd Deals

  • He tangled with AIG in swaps, led United frequent-flyer deal
  • Now atop trading units, he’s leaving as times change at firm
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What Trading Whale Sundaram's Exit Means for Goldman

Goldman Sachs Group Inc. is losing Ram Sundaram, the senior trading executive who for years has engineered some of the firm’s most hotly debated deals, often generating hefty gains.

His two-decade run at the firm was punctuated by billions in profits during the 2008 financial crisis and culminated with power over vast tracts of the trading division, including structured credit, commodities, currencies and emerging-market businesses. The 53-year-old is departing at a time of changing priorities within the investment bank, according to people with knowledge of the matter.