Discover your dream Career
For Recruiters
The nets are being drawn in.

Year-end poaching underway at Goldman Sachs and Morgan Stanley

In a typical year, banks don't do much in the way of hiring in December - in the run-up to Christmas, it's normal for hiring to grind to a halt while the industry holds its breath until bonuses are announced in January and paid in February.  This year, however, is not a normal year. 

Both Goldman Sachs and Morgan Stanley have made executive director-level additions in December in London and New York City. In December.

Goldman hired Mehmet Avci, an executive director in emerging markets trading, from JPMorgan in London. Avci, who spent seven years at JPMorgan, joined Goldman this month according to his LinkedIn profile.

In New York City, meanwhile, Morgan Stanley hired Nyaniki Quarmyne from Goldman as an executive director working on fintech business development and partnerships. Quarmyne spent 13 years at Goldman, working across technology infrastructure and fixed income currencies and commodities market making strategy. She too joined GS this month according to her LinkedIn profile.

The last minute hires reflect some of banks' top growth areas as we approach year-end. McKinsey & Co. says that trading revenues in banks' emerging market macro businesses rose nearly 42% in the first nine months of this year compared to 2019. Meanwhile, all banks are partnering with fintechs as a fast track to updating their technology infrastructure. 

Have a confidential story, tip, or comment you’d like to share? Contact:

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Photo by Riddhiman Bhowmik on Unsplash

AUTHORSarah Butcher Global Editor

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
Radar Fx Fund
Hedge Fund Seeks Forex Traders
Radar Fx Fund
Dover, United States
ICD - Islamic Corporation for the Development of the Private Sector
Director Human Resources (ICD)
ICD - Islamic Corporation for the Development of the Private Sector
Jeddah, Saudi Arabia
Optiver Group
Senior Software Engineer
Optiver Group
Sydney, Australia
Optiver Group
Senior Enterprise Support Engineer
Optiver Group
Sydney, Australia