Goldman Hires Morgan Stanley Asia Banking Head Kate Richdale
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Goldman Sachs Group Inc. hired Kate Richdale from Morgan Stanley to head investment banking services for Asia excluding Japan as the Wall Street firm looks to strengthen client relationships in the region.
The 13-year Morgan Stanley veteran will be responsible for covering clients, according to a memo obtained by Bloomberg News. Richdale, who was head of investment banking for Asia-Pacific at Morgan Stanley, was also made a partner at Goldman Sachs, according to the document. Edward Naylor, a Hong Kong-based spokesman at the bank, confirmed the memo’s contents.