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Goldman Sachs' co-head of Europe to step down

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Mr Sherwood will be leaving as Goldman tries to navigate the political uncertainty following Britain's decision this year to leave the European Union.

London

MICHAEL S Sherwood, a Goldman Sachs vice-chairman and co-head of its European division, will retire from the Wall Street firm at the end of the year.

Mr Sherwood, who is also known as Woody, had previously been seen as a potential successor to Lloyd C Blankfein, the Goldman

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