Prior to joining Goldman, Tanemura was global head of credit derivatives at Deutsche Bank and is widely credited with building a credit derivatives platform that only JPMorgan could rival.
Tanemura's compensation package at Goldman has been the subject of widespread speculation since he joined in 2000, with some market participants putting his package at USD5 million guaranteed for five years. The credit derivatives market has grown almost beyond recognition since 2000, with the growth of the synthetic CDO market, credit indices and options, but Tanemura has not been able to challenge the dominance of Deutsche Bank and JPMorgan.
Many of Tanemura's former colleagues and rivals say he is putting his feet up and is unlikely to reappear at a competitor.
Before joining Deutsche Bank, Tanemura spent 11 years at Salomon Brothers, where he ultimately co-headed European fixed income derivatives.
