Fred Baba, known for speaking up about racism, is leaving Goldman: report

South Africa News News

Fred Baba, known for speaking up about racism, is leaving Goldman: report
South Africa Latest News,South Africa Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

The Goldman Sachs trader known for speaking up about racism is leaving the bank, according to a report

, and a ceremonial ringing of the NYSE bell for 8 minutes and 46 seconds in Floyd's honor.

"You'll be here trying to show up to be your best work self, and then at times you don't even know if it matters, right?" Baba said on the 2020 podcast episode."You're sitting in a Zoom call and you're talking about the thing you're talking about, trying to service your clients. But there's this backdrop and this, like, cloud hanging over you about all of the other things that are happening in the world.

At that time, Baba was a managing director on the firm's global markets team, where engineers teach machines to trade stocks, bonds, and derivatives. On that team of roughly 10, he was responsible for interest-rate products.Goldman's 2023 class of partnersBaba was born in Nigeria and emigrated with his family to New Orleans, where his parents taught at Tulane University. They later moved to Cincinnati before Baba left to attend MIT.

After graduating in 2010, he went to work for the Global Electronic Trading Co., known on Wall Street as GETCO. About four years later, he started at Goldman on a new team set up to trade stocks and bonds electronically.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

We can all agree on this | OpinionWe can all agree on this | OpinionFred Rogers understood that preparing young people for the future requires a neighborhood.
Read more »

Goldman Sachs prepares for third round of layoffs in a year: reportGoldman Sachs prepares for third round of layoffs in a year: reportGoldman Sachs Group Inc. is bracing for a third round of job cuts in less than a year. This round will affect managing directors and other senior executives,...
Read more »

Goldman Sachs to chop 250 more workers after ‘David’s Demolition Day,’ sources sayGoldman Sachs to chop 250 more workers after ‘David’s Demolition Day,’ sources sayGoldman Sachs plans to make another round of job cuts — its third in less than a year — as dealmaking profits continue to tank, sources told The Post.
Read more »

Goldman Sachs mulling no more than 250 job cuts, source saysGoldman Sachs mulling no more than 250 job cuts, source saysGoldman Sachs Group Inc. is cutting up to 250 jobs across the firm in its third round of layoffs since last fall, according to a source familiar with the...
Read more »

Goldman head of sovereign business Powell McCormick moves to merchant bankGoldman head of sovereign business Powell McCormick moves to merchant bankDina Powell McCormick, the head of Goldman Sachs Group Inc's sovereign business, is leaving to join merchant bank BDT & MSD Partners, the company said on Tuesday.
Read more »



Render Time: 2025-02-28 20:51:55