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Goldman Sachs to Relocate Asia Financing Co-Head to London

A Goldman Sachs Group Inc. logo at the New York Stock Exchange in New York.

Jonathan Penkin, who also serves as co-head of equity capital markets for Asia excluding Japan, will in the next few months become head of Growth Markets ECM and be based in London, according to the memo on Tuesday.

Mr. Penkin will focus on clients in emerging markets in Europe, the Middle East and Africa, as well as Asia. The move...