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Goldman Taps John Mallory to Head Unit Targeting America’s Super-Rich

Sridhar Natarajan
Goldman Taps John Mallory to Head Unit Targeting America’s Super-Rich

Goldman Sachs Group Inc. picked John Mallory to lead its private wealth management business in the Americas as the firm known for its prowess in Wall Street dealmaking tries to catch up with rivals catering to the uber wealthy. Mallory, a partner based in California, will oversee efforts to win clients in the U.S. and Latin America while the private bank carries out a plan to expand its global fleet of advisers by almost a third through 2020. A representative for the bank confirmed the new role for Mallory.