Goldman Sachs Said to Hire UBS’s Jordan to Be Russia Co-Head

Goldman Sachs Group Inc. hired Nick Jordan from UBS AG as co-head of its operations in Moscow in the fourth overhaul of its leadership in the country in as many years, according to two people with knowledge of the move.

Jordan, a 53-year-old, Russian-speaking American, will work alongside Paolo Zannoni, who was named country chief last year, said the people, who asked not to be identified as the move hasn’t been made public. Jordan, the former chief of Lehman Brothers Holdings Inc.’s Russian unit, was named head of UBS’s local operations in 2010.