Tim Leissner, the Goldman Sachs Group Inc executive who helped build the investment bank's Malaysia business, left earlier this month. His departure was confirmed by Goldman Sachs spokesman Edward Naylor, who said the firm moved Leissner's headcount to the US at the end of last year. Naylor declined to comment further. Leissner, who had been with Goldman Sachs for almost 18 years and was most recently chairman of its Southeast Asia operations, relocated to Los Angeles on personal leave, people familiar with the matter said last month. Leissner, a German national who is married to former American fashion model and designer Kimora Lee Simmons, was instrumental in building Goldman Sachs's business in Malaysia. The bank's dealings with the country's state-owned investment company, 1Malaysia Development Bhd, drew public scrutiny because of the high fees Goldman Sachs was paid. – Bloomberg, February 24, 2016.]]>
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