The Traderszone Network

Published in TZ Latest News 4 August, 2015 by The TZ Newswire Staff

Alibaba pins U.S. growth hopes on Goldman’s China rainmaker

Alibaba Group Holding Ltd is hoping a Canadian Olympic gold medallist once tipped to be the next chief executive of Goldman Sachs Group Inc will help them make it big in the United States. Michael Evans, who turns 58 this month, retired from the U.S. investment bank in 2013, having forged a reputation as one of the most prolific deal makers in Alibaba’s native China during a seven year stint in Hong Kong between 2004 and 2011. “Evans was Mr China back when he was at Goldman,” said Eugene Tan, head of Asian Investment Banking at Oppenheimer Investments Asia limited.