Goldman Sachs Group Inc.’s “straders,” the hybrid trader-coder whose star has been on the rise inside the Wall Street firm, are losing their ringleader. Adam Korn, who represented a new kind of Wall Street trader—one reared on computer code, not instinct—is leaving the firm, people familiar with the matter said Monday. His departure follows that of Martin Chavez, a technologist and trading executive who left at the end of last year. More resignations are expected across the firm in the coming weeks, as 2019 bonuses are paid...

Source: Wall Street Journal February 04, 2020 03:22 UTC