Goldman Sachs reshuffles top staff in Germany

Goldman Sachs has promoted Marcus Schenck, a managing director and partner, to co-head of investment banking for Germany and Austria alongside Alex Dibelius.

The promotion comes as Dibelius takes sole responsibility for the bank's Frankfurt operations following the transfer of Wayne Moore, former co-head of Frankfurt, to Chicago.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire