MOVES - GS sterling bond trader Brodie steps away

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EMEA
Robert Hogg

Sterling corporate bond trader Luke Brodie has resigned from his role at Goldman Sachs, according to sources.

A source said that Brodie, who was a managing director at the US institution, will be taking a break as he considers his future. His options could include potentially stepping away from trading at an investment bank.

Brodie's LinkedIn profile shows he worked at Goldman Sachs for almost six years. He joined following a 10-year stint at Royal Bank of Canada, where he had been head of sterling credit trading.

Investment-grade sterling bond volumes in the primary market year-to-date have reached around £14.6bn from 42 deals, according to Refinitiv data. At the same point last year, volumes were £13.5bn from 45 deals, while in 2021 they were £17.2bn from 58 deals. The full-year figures for 2022 and 2021 were £18.8bn from 60 deals and £24.6bn from 83 deals, respectively.

Brodie could not be reached for comment. Goldman Sachs did not respond to a request for comment.