Investment Banking

Goldman Sachs promotes two dealmakers to lead investment bank in Germany after JPMorgan exit

The Wall Street bank has turned to insiders to lead a key business in Europe

Jens Hofmann and Tibor Kossa will be Goldman’s new dealmaking leaders in Germany
Jens Hofmann and Tibor Kossa will be Goldman’s new dealmaking leaders in Germany Photo: Michael M. Santiago/Getty Images

Goldman Sachs has turned to two senior dealmakers to lead its investment bank in Germany and Austria following the departure of its former boss to JPMorgan.

The Wall Street bank has named Jens Hofmann and Tibor Kossa as co-heads of investment banking for Germany and Austria, according to an internal memo seen by Financial News.

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