Goldman Sachs head lawyer to leave bank: Bloomberg

  • 3/2/2021
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NEW YORK (Reuters) - Goldman Sachs Group Inc’s general counsel Karen Seymour is leaving the bank, according to a report from Bloomberg citing people familiar with the matter. As Goldman’s top lawyer, Seymour played a key role in the bank’s negotiations to settle U.S. and international investigations into the role Goldman Sachs bankers played Malaysia’s 1MDB corruption scandal. Goldman agreed to pay $2.9 billion last year in a settlement with the U.S. Department of Justice and other U.S. and overseas regulators in part for breaking anti-bribery laws. A Goldman Sachs spokeswoman declined to comment. Seymour joined Goldman Sachs in 2018 from Sullivan & Cromwell LLP, where she was a partner. She previously led the criminal division at U.S. Attorney’s Office for the Southern District of New York, where she prosecuted Martha Stewart in 2004. Seymour was a member of Goldman’s management committee, and is the second top executive and member of that group to reportedly leaving the bank this week. Eric Lane, global co-head of Goldman’s asset management arm, is leaving his role at the bank to join investment firm Tiger Global Management, Reuters reported on Monday.

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