That didn't take long. Talat Khan, a former Goldman Sachs equities MD who left the bank in November 2018, has got a new job. Khan just joined Cantor Fitzgerald Europe as head of the equities business, based in London.
Khan spent 12 years at Goldman Sachs, where he was variously head of execution trading , head of delta one sales trading, head of block trading and head of ECM and special situations.
After all those big jobs, Khan might have expected to be promoted to partner in Goldman's 2018 partner promotion round. In fact, his name wasn't on the list and the Financial Times said in early November that Khan resigned after failing to penetrate Goldman's most elite level. Khan also believed that Goldman was, 'inclined to take less risk in trading under the leadership of Mr Solomon,' said the FT, citing a person 'with knowledge of' his decision.
Khan didn't respond to a request to comment on his decision to join Cantor.
Cantor is building its equities sales and trading business under Pascal Bandelier, the former head of U.S. equities execution at Barclays. Bandelier joined as global head of equities in 2017.
Have a confidential story, tip, or comment you’d like to share? Contact: email@example.com in the first instance. Whatsapp/Signal/Telegram also available. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)