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Goldman's Gilday exiting for Morgan Stanley; NYSE floor ops being given away

  • Formerly Goldman's (GS +0.7%) head of EMEA syndicate and leveraged capital markets, Ian Gilday took on a new role there last year as head of origination and collateralized loan obligations for the region. Reuters reports he's exiting for an as yet unknown role at Morgan Stanely (MS +1%), though it's speculated he could fill the hole left by the departure of Mark Walsh, formerly co-head of European leveraged finance (he left for Credit Suisse).
  • In other Goldman news, the bank is in talks with Dutch firm IMC Financial Markets for the sale of its NYSE floor-trading unit for basically peanuts. The business - once part of Spear, Leeds & Kellogg - was purchased by Goldman in 2000 for $6.5B, but the price being talked about now is just $300M. Times have changed.
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