Goldman Sachs' investment bank consumer, retail group head to step down

FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2013. REUTERS/Brendan McDermid/File Photo

Stephan Feldgoise, co-head of mergers and acquisitions in the Americas, will replace Sweeney as head of the investment banking team, which advises consumer facing-companies. Under Sweeney’s leadership, Goldman’s consumer and retail group ranked No. 1 in several global league tables last year. Feldgoise, who will maintain his current duties as co-head of mergers and acquisitions in the Americas, will be tasked with keeping the global consumer and retail group at No. 1, deepening client relationships and developing a global team, according to the memo signed by the heads of the investment bank, Gregg Lemkau, Dan Dees and Marc Nachmann.

I'd guess he is going to Bank of America

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