Discover your dream Career
For Recruiters

Big exits from Goldman Sachs' New York equities business

A month after bonuses were paid, there has been a spate of departures from Goldman Sachs' New York equities business.

Insiders at the firm say that Jason Mathews, partner and head of U.S. equity derivatives sales, has handed in his resignation and that others on his team are also leaving, although it's not clear whether the departures are related.  Heath Terry, an MD and senior internet equity research analyst, is also leaving.  

Goldman Sachs declined to comment on the exits. Alongside Heath and Mathews they are understood to include: Kristen Askin (a VP in cross asset sales), Jaime O'Donnell (an analyst in equity sales), and Reyna Pacheco (an associate). All those leaving are still at Goldman Sachs according to their FINRA registrations, although Pacheco - who worked for Mathews is understood to have left several weeks ago. 

It's not clear what Mathews' plans are, although there are rumors internally that he may be joining a family office in Miami. A rare black partner at Goldman, Mathews joined the firm in 2000 and was promoted to partner in 2017. He had been dividing his time between New York and Florida.

Terry is reported to be joining Dan Loeb's Third Point hedge fund. He was known internally for having fallen asleep at Goldman's tech conference, although all evidence of this appears to have disappeared from Google. 

The exits follow bonus payments for 2020. Insiders in Goldman's equity derivatives business told us previously that bonuses were generous for last year.

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available.

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Photo by Diego Jimenez on Unsplash

author-card-avatar
AUTHORSarah Butcher Global Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs
London Stock Exchange Group
Director of Finance, FX and Fixed Income
London Stock Exchange Group
London, United Kingdom
Hunter Bond
VP FX Treasury Sales
Hunter Bond
London, United Kingdom
State Street Corporation
Agency Lending Securities Finance Trader
State Street Corporation
London, United Kingdom
OTS Capital
Dealer
OTS Capital
London, United Kingdom
Macquarie Group
Securities Lending - Senior Trader
Macquarie Group
London, United Kingdom

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.