People News: Goldman Sachs, Jefferies.

Departure

Two Goldman Sachs mortgage traders have left the company this month, according to a person with knowledge of the departures.

Bloomberg News reports that the pair, Alexander Reiss and Costin Bontas, traded mortgage bonds guaranteed by government-backed entities, said the person, who asked not to be named because the information isn’t public

Bontas is planning to join Michael Platt’s BlueCrest Capital Management, another person said. 

In the meantime, Bloomberg also reports that Jefferies has hired Chris Pepe from Barclays to expand in electronic trading, according to people with knowledge of the matter.

Pepe is at least the fifth electronic sales-trader or executive that Jefferies hired from the bank within the past year, said the people, who asked not to be identified discussing personnel matters.

Goldman Said to Lose Two Traders From Mortgage-Backed Bond Team

Jefferies Said to Hire Barclays’s Pepe for Electronic Trading

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