Goldman Sachs just lost one of its star traders to billionaire Ken Griffin.
The move comes amid a fierce talent war for inflation traders.
Goldman Sachs just lost one of its stars to billionaire Ken Griffin as demand for inflation traders burns up across Wall Street.
Joaquin de Soto, a top inflation trader for Goldman Sachs in London, is heading to Citadel, the $60 billion hedge fund founded by Griffin, according to people familiar with the matter.
Trader pay is also skyrocketing due to swelling assets at multistrategy funds like Citadel and Millennium, leading to a war for talent.
Persons:
Goldman Sachs, Ken Griffin, Banks, Joaquin de Soto, Griffin, Brevan Howard, De Soto, efinancialcareers, Goldman, they've
Organizations:
Citadel, Wall, Goldman, Bloomberg, Vali Analytics, BLS, Trader, Millennium
Locations:
London