Skip to content
Markets
City of London

Goldman Moves More Bankers to Dubai in Middle East Money Push

  • Banker relocates from London, another from Hong Kong
  • Middle East is attracting wealthy individuals from Russia

Goldman Sachs Group Inc. is moving more senior private bankers to Dubai as it builds up its presence in the Middle East territory that’s increasingly becoming a destination for the world’s rich.

Charles der Kinderen moved in recent months to the emirate from London and Simon Martyn relocated from Hong Kong in September, according to a spokesperson for the US bank. Kinderen joined the New York-based firm in 2019 to cover single-family offices from the English capital while Martyn has handled Goldman’s wealthy Asian clients for almost a decade.