– Goldman Sachs Banker Named Germany’s Deputy Finance Minister:
Having populated most central banks with its alumni, Goldman is now aiming even higher: right at sovereign governments, and on Monday morning, a spokesman for Germany’s finance ministry said that the co-head of Goldman Sachs in Germany, Joerg Kukies, will become deputy finance minister in the new German government.
According to Reuters, Kukies will be responsible for financial market policy and Europe in his new role, the spokesman said. In other words, with Mario Draghi – another Goldman alum – potentially resigning from the ECB, Goldman is loathe to give up its control on key European policy developments and has made its move.
Read moreGoldman Sachs Bankster Joerg Kukies Named Germany’s Deputy Finance Minister