More signs of disinterest in Japanese stocks - Goldman Sachs (GS) has scaled down its prime...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

More signs of disinterest in Japanese stocks - Goldman Sachs (GS) has scaled down its prime brokerage business there, according to sources, moving a chunk of the operation to Hong Kong. In May, Goldman shuttered its Japanese stock loan desk, also moving those operations to Hong Kong. The bank is Japan's biggest prime broker.