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Goldman Sachs to bring back technology banker Nick Giovanni, memo says
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Goldman Sachs to bring back technology banker Nick Giovanni, memo says
Feb 4, 2025 8:05 AM

Feb 4 (Reuters) - Goldman Sachs ( GS ) is bringing back

Nick Giovanni, who spent more than 20 years at the Wall Street

giant in a prior stint, according to an internal memo seen by

Reuters on Tuesday.

Giovanni will rejoin Goldman later this month as a partner

in the technology, media and telecommunications group of the

investment banking segment, the memo said.

He left Goldman in 2021 to become the chief financial

officer of grocery delivery platform Instacart, where

he contributed to the company's efforts to list on the Nasdaq.

He departed Instacart last year.

"Having operated as a tech executive for the past few years,

I hope to bring a new level of insight and empathy to the work

in addition to new, innovative solutions that help founders,

companies and investors achieve their goals," Giovanni said in a

LinkedIn post.

During his previous tenure at Goldman, he worked on some of

the biggest deals and public offerings for clients including

Airbnb ( ABNB ), DoorDash ( DASH ) and X, formerly known as

Twitter.

A Goldman spokesperson confirmed the contents of the memo.

The move was first reported by the New York Times DealBook.

(Reporting by Niket Nishant in Bengaluru and Saeed Azhar in New

York; Editing by Shinjini Ganguli)

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