Bloomberg reports that David Viniar, 57, who is set to step down as CFO in January, made $11.9m by selling 100,000 shares yesterday for $118.77 apiece, according to a filing last week. He also gave 50,000 shares to an unidentified recipient, the filing showed.
In the meantime, Reuters reports that Goldman Sachs has hired Omar Mohammady to run the its Saudi Arabian investment banking business, a key role for global banks operating in the Gulf Arab region, three banking sources said.
Saudi national Mohammady, previously with Barclays Plc (BARC.L), will replace Rayan Fayez, who moved to J.P. Morgan in June.
And The New York Post reports that embattled Rochdale Securities may find it tough to hang on to one of its most prized assets: star bank analyst Dick Bove.
Bove is being courted by a bevy of rival firms with Rochdale teetering on the edge after it was rocked by $1bn worth of unauthorized Apple trades.
Finally, Bloomberg reports that Mitsubishi UFJ Financial Group is seeking to regain the top spot in Samurai bond underwriting next year by hiring bankers and encouraging staff at its partner Morgan Stanley to attract more foreign issuers of yen debt.
Mitsubishi UFJ Morgan Stanley Securities Co., the joint venture between Japan’s biggest bank and the Wall Street firm, will hire 'several experienced bankers' in Tokyo next year, said Hajime Suwa, head of debt capital markets. It is also pitching companies, banks and government agencies in the U.S., Europe and Asia to issue yen bonds, he said.