One of Goldman Sachs executive directors has been hired by BNP Paribas after five months out of the market.
Emerging markets structurer Louis Fourie left Goldman Sachs in October 2016 and just resurfaced at the French bank. It's not clear whether Fourie was poached by BNP or pushed by Goldman, but he quit before bonus time.
Fourie spent eight years at Goldman after joining from Barclays in 2008. With that kind of tenure he might've been on track for promotion to managing director at Goldman Sachs in 2017's round of MD promotions, but Fourie hasn't hung around to try his luck. He's joined BNP as a director in the London office.