Goldman ups Rivera to co-head of LATAM

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Goldman ups Rivera to co-head of LATAM

By Jonathan Easton

19/12/23

Goldman Sachs has appointed Osmin Rivera as its co-head of Latin America.

The news comes via two separate memos seen by Reuters.

Rivera, previously co-head of America's currencies and emerging markets trading at the bank, is set to take over from Ricardo Mora who will retire at the end of 2023 after 15 years with Goldman.

Riviera will oversee Goldman’s Latin America business alongside John Greenwood, a former Citigroup banker who was appointed to the role of co-head of Latin America in August.

Elsewhere, Goldman analysts have said they expect “earlier and more aggressive rate cuts” from central banks in advanced economies following the recent fall in inflation. The analyst note specifically said that it expects the Bank of England to begin cutting rates in June, moving up its previously predicted rate cut in August.

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