No Freebies for Some Goldman Traders in London

StockJockey's avatar
by StockJockey
Monday, April 24, 2006 - 9:10 am

Goldman Sachs’ head of equity derivatives is raining on his traders’ parade just as the busy summer sports season, including this year’s World Cup, are starting to ramp up. Group head Peter Selman didn’t leave a lot of room for misinterpretation when he banned traders from accepting gifts or entertainment from brokers at other firms. The policy is more severe that the one in place firm-wide and elsewhere on the street. Something tells us these guys will still be able to addord their own tickets.
Goldman Sachs Traders Face Gift Ban [Financial News Online]

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