ADVERTISEMENT

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.

Top Goldman Sachs ETF Trader Quits for JPMorgan, Report Says
Signage for Goldman Sachs Group Inc. is displayed at the One Raffles Link building, which houses one of the Goldman Sachs (Singapore) Pte offices, in Singapore. (Photographer: Nicky Loh/Bloomberg)

(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.

To contact the reporter on this story: Matt Townsend in New York at mtownsend9@bloomberg.net

To contact the editors responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, James Ludden, Tony Czuczka

©2019 Bloomberg L.P.