April 23, 2018 / 7:34 PM / 10 months ago

Goldman names new head of private wealth management for Americas

FILE PHOTO: The logo of Goldman Sachs is displayed in their office located in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo

(Reuters) - Goldman Sachs Group Inc on Monday named company veteran John Mallory to lead its private wealth management business in the Americas.

The business is part of the Wall Street bank’s investment management division, which oversees about $1.5 trillion for clients.

Mallory previously led Goldman’s investment management division in the Western United States and has spent more than 20 years at the company.

Reporting By Aparajita Saxena and Diptendu Lahiri in Bengaluru

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