Feb 13 • 10:55 UTC 🇧🇷 Brazil G1 (PT)

Goldman Sachs lawyer leaves the bank due to Epstein scandal

Goldman Sachs' chief lawyer, Kathryn Ruemmler, is departing the firm following scrutiny over her connections to Jeffrey Epstein.

Kathryn Ruemmler, the chief lawyer for Goldman Sachs, has decided to leave the firm amid rising scrutiny of her ties to convicted sex offender Jeffrey Epstein. The announcement comes after the U.S. Department of Justice released messages highlighting her closeness to Epstein, prompting widespread media attention. This scrutiny seems to have influenced her decision, underscoring the ongoing repercussions of Epstein's infamous criminal background on his associates.

Goldman Sachs' CEO, David Solomon, publicly acknowledged Ruemmler's decision and expressed gratitude for her legal guidance since her joining in 2020. He stated that the institution respects her wishes and understands the reasons behind her departure. Ruemmler's role was pivotal in providing legal advice on significant matters for the bank, indicating that her absence could impact the institution's operations moving forward.

In her statement to the media, specifically addressing the Financial Times, Ruemmler indicated that her resignation was aimed at preventing media scrutiny from distracting Goldman Sachs. The timeline for her departure is set for June 30, raising questions about how the bank will navigate upcoming challenges during this transition period and manage any fallout related to her connections to Epstein.

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