Goldman Sachs runs low in Iberia sales

LONDON – Goldman Sachs continues to lose sales talent, with two departures hitting the bank's desks in London last week.

JP Morgan is the latest to dip into the Goldman Sachs talent pool, gaining Ernesto Mercadante, co-head of southern European foreign exchange sales. Mercadante left the bank's London office on Thursday (March 18) as confirmed by his desk, following a week of speculation as to whether Goldman Sachs would win him back.

He will join JP Morgan in June as head of southern European

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