Goldman Sachs Group plans to add about 100 staff in Singapore, taking its headcount in the Southeast Asian financial hub to a record, following a tumultuous period in the region.

All of the new positions will mainly be in technology, and the appointments will take the number of employees in the city to more than 1,000, E.G. Morse, head of Goldman Sachs’ regional operations, said in an interview. About 60% of existing staff work in support and technology roles.

Goldman Sachs provides services such as investment banking, asset management, wealth management, securities and commodities trading out of its Singapore hub. The US bank’s Asia operations contributed 14% of its global revenue last year.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook