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Goldman Sachs changes Asia investment banking leadership

Todd Leland to replace co-heads of investment banking in Hong Kong

Goldman Sachs is shaking up its leadership in Asia, where a high-profile corruption scandal has dampened an otherwise strong stretch of dealmaking.

Andrea Vella and Kate Richdale, Goldman’s investment banking chiefs in the region, are being shifted out of management roles, according to people familiar with the matter. They will be replaced by Todd Leland, an adviser to European banks and asset managers who was tapped last year to help run Goldman’s operations in Asia.

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