People News: Goldman Sachs, Julius Baer

way out

Goldman Sachs' Jason Gottlieb, a partner in the bank's asset management division, is leaving the firm.

Reuters reports that Gottlieb, one of four portfolio managers on the Goldman Sachs Multi-Manager Alternatives Fund, will leave the bank in August, according to an internal memo sent last week and seen by Reuters.

In the meantime, Bloomberg News reports that Julius Baer appointed Nic Dreckmann as chief operating officer and simplified its regional divisions to improve efficiency.

Dreckmann, who oversaw the three-year integration of Merrill Lynch wealth units acquired from Bank of America in 2012, starts his new role on August 1, replacing Gregory Gatesman, who will return to the U.S., the company said in a statement on Tuesday.

Goldman asset management executive Gottlieb to leave firm

Julius Baer Appoints Nic Dreckmann COO in Management Revamp

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