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PIMCO names Ben Bernanke as senior advisor

Ben Bernanke

PIMCO has announced that Dr. Ben Bernanke, former Chairman of the Federal Reserve, will serve as a senior advisor to the firm, contributing his economic expertise and insights to the firm’s investment process and periodically engaging PIMCO’s clients.

Goldman Sachs loses partners

Exit Sign

Twenty-two Goldman Sachs partners left the firm or gave up its highest rank since August, including Jim Katzman, a banker who guided Botox maker Allergan’s $66bn sale to Actavis.