July 6, 2015 / 10:16 PM / 2 years ago

Goldman former investment banking co-head Weinberg to retire - Bloomberg

July 6 (Reuters) - Goldman Sachs Group Inc’s former co-head of investment banking, John Weinberg, will retire after 32 years at the Wall Street bank, Bloomberg reported.

Weinberg, one of three vice chairmen at the bank, will become a senior director, Bloomberg reported, citing a memo from Chief Executive Lloyd Blankfein and President Gary Cohn to employees on Monday. (bloom.bg/1JK9rg3)

Goldman Sachs replaced Weinberg with John Waldron as co-head of its investment banking business in December.

Weinberg was the co-head of Goldman Sachs’ investment banking division for more than 12 years, Bloomberg said.

His father, John Weinberg, and grandfather, Sidney Weinberg, headed the bank when it was a private partnership. (Reporting by Krishna Chaithanya in Bengaluru; Editing by Kirti Pandey)

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