People News: Goldman Sachs, Morgan Stanley

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Patrick de Nonneville, Goldman Sachs’s co-head of European interest-rates trading, left the bank and is working with a new company focused on lending for small and medium-sized businesses in France.

Bloomberg News reports that De Nonneville, who joined Goldman Sachs in 2007, announced his retirement from the bank in July and remained an employee until year-end, he said today in an interview.

His new company, Lendix, led by CEO Olivier Goy, is designed to let online users lend directly to small businesses, according to its website. 

In the meantime, Bloomberg News also reports that Morgan Stanley, which has been scaling back in commodities trading, named new co-heads for the business after Simon Greenshields left and Colin Bryce became a senior adviser.

Nancy King and Peter Sherk will lead the unit effective immediately, according to an internal memo today from Colm Kelleher, who oversees all of the firm’s trading businesses. Mark Lake, a Morgan Stanley spokesman, confirmed the contents of the memo.

Goldman Sachs European Rates Co-Head de Nonneville Leaves Bank

Morgan Stanley Commodities Co-Head Greenshields Leaves Firm

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