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A key executive from Lloyd Blankfein's inner circle is retiring from Goldman Sachs (GS)

Goldman Sachs Group Inc's Asia Pacific Chairman Mark Schwartz will retire at the end of this year, according to an internal memo. Schwartz, 62, who has worked at Goldman for 27 years and is based in Beijing, will become a senior director at the firm. A Goldman spokesman confirmed the contents of the memo. Schwartz, a member of Goldman's management committee with other senior leaders at the bank, has helped to build the firm's business in the Asia Pacific region.
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