Goldman Sachs hires two Singapore investment bankers by poaching them from JPMorgan Chase and OCBC.
The global investment bank has hired Chua Hui Yin from JPMorgan Chase & Co. to cover corporate finance and execution, «Bloomberg» reported, citing people familiar with the matter.
The news service additionally indicated that Goldman had tapped Andrew Teo of Singapore bank OCBC for its investment banking activities in the city-state.
Both bankers have already resigned from their roles, the report said. Bloomberg reported that OCBC confirmed Teo's resignation while representatives for Chua, Goldman Sachs, and JPMorgan declined to comment.