Tim Dattels, head of Asia ex-Japan investment banking at Goldman Sachs, is being moved to a newly created position overseeing operations in Menlo Park, California. His transfer, which is part of a larger reshuffle at Goldman Sachs, comes at the end of a successful period for Dattels, who moved to the Hong Kong office in 1996.
Michael Carr, co-head of mergers and acquisition business in the Americas, will replace Dattels in Hong Kong. An internal memo says that the appointment highlights our specific emphasis on having talented, senior leaders gain experience leading businesses outside of their home markets.
Under Dattels, the bank moved up to the number one spot in...