By Justin Baer 

Goldman Sachs Group Inc. appointed one of its top financing bankers to a new role helping to plot the strategy of its trading businesses.

Jim Esposito, co-head of the Wall Street firm's financing group, was named chief strategy officer of the securities division, Goldman's senior trading executives wrote Wednesday in a memorandum sent to employees.

The role is a new one for Goldman, whose trading business has been beset by a slew of new rules designed to rein in risks at the world's biggest banks.

Write to Justin Baer at justin.baer@wsj.com

 

(END) Dow Jones Newswires

February 03, 2016 11:47 ET (16:47 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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