Goldman Sachs has named Stuart Bernstein as head of a group that focuses on venture capital investors.
Bloomberg News reports that Bernstein, a partner who joined Goldman Sachs in 1986, will remain global head of the clean technology and renewables group, according to a memo from investment banking co-heads Richard J. Gnodde, 53, David Solomon, 51, and John S. Weinberg, 56.
Frank L. Walters led the venture capital group before taking the same role at Bank of America earlier this year.
Bloomberg also reports that HSBC has named Florian Fautz as global head of mergers and acquisitions.
Fautz, currently in charge of advisory for Germany, will start his new job 'in the near future'.
Finally, Bloomberg reports that HSBC has appointed Stuart Rose, former chairman and chief executive officer of Marks & Spencer to its investment-banking unit’s European advisory council, according to a person briefed on the move.
Rose, 64, will help advise HSBC’s clients in the retail and consumer industries, the person said, who asked not to be identified because the appointment hasn’t been made public.