Senior Goldman Sachs Banker, Tim Leissner Parts Ways with Lender Amidst Probe

[kreslik.news]

Goldman Sachs a void to fill in its senior ranks, after Tim Leissner, the lender’s Southeast Asia Chairman and one of the longest-tenured bankers in Asia has relinquished his role and parted ways with the group, according to a Nasdaq statement.

Despite a lengthy banking career in the region, Mr. Leissner was most notable for his work with Goldman Sachs and 1Malaysia Development Bhd. (1MDB), which saw a $3.0 billion bond sale in 2013. In terms of his career trajectory, he ascended to the role of Chairman at Goldman Sachs, relocating to Singapore from Hong Kong, after he replaced L. ... (read more)