Goldman’s Deputy Head for China Unit Leaves to Join HSBC
- Lu’s departure marks second senior exit from Goldman this year
- HSBC earlier hired Goldman’s Ma to expand China banking
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Goldman Sachs Group Inc.’s deputy head for a China unit is leaving for HSBC Holdings Plc, the second senior exit from the US bank’s China operations this year, people familiar with the matter said.
Lu Tian, deputy general manager of Goldman Sachs (China) Securities Co., will replace Irene Ho, who will retire as CEO and general manager of HSBC’s securities business in China, the people said, asking not to be identified before an announcement.