Top Goldman Sachs ETF Trader Quits for JPMorgan, Report Says

Edward Rossetti is the third high-ranking leader since March to leave the bank’s equities division, the website said.

(Bloomberg) -- Goldman Sachs Group Inc. has lost another top trader.

Edward Rossetti, head of the bank’s U.S. trading for exchange-traded funds, has left for a similar role at JPMorgan Chase & Co., according to a report from Business Insider, which cited people familiar with the situation. Rossetti is the third high-ranking leader since March to leave the bank’s equities division, the website said.

Goldman didn’t immediately respond to a request for comment. A message to Rossetti’s Goldman email address returned an error message. An official for JPMorgan declined to comment.

Rossetti joined Goldman in 2008 from Merrill Lynch, according to his Linkedin bio.

©2019 Bloomberg L.P.

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