Goldman hires Citigroup, HSBC bankers amid deal surge in Mideast

Big job: People walk near Goldman Sachs headquarters in New York. The group is working with JPMorgan Chase & Co to advise Saudi Aramco on the sale of a stake in a subsidiary that controls its natural gas pipelines. — Bloomberg

NEW YORK: Goldman Sachs Group Inc is hiring bankers from rival firms Citigroup Inc and HSBC Holdings Plc as the US lender seeks to expand its business in the Middle East amid a surge in deals from the region.

Jassim AlSane, a senior Citigroup banker, will join Goldman Sachs’ Dubai office in November as managing director and the co-head of investment banking operations for the Middle East and North Africa (MENA).