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Goldman Sachs Hires Junk Trader From Deutsche Bank

03 Nov 2002

Goldman Sachs has hired Brian Zucker from Deutsche Bank Securities where he was a v.p. and high-yield trader. Zucker is believed to be an addition to Goldman's desk, rather than a replacement, according to traders at rival firms. Lester Brafman, head of high-yield trading at Goldman Sachs, did not return calls.

At Deutsche Bank, Zucker traded technology companies, retail, deathcare and commercial services. "He was a good trader and we wish him the best," says Steve Renehan, head of high-yield sales, trading and research at Deutsche Bank. Renehan declined further comment, but one Deutsche Bank official says Zucker's duties will be divided up among the existing traders.


03 Nov 2002