Goldman Sachs has boosted its corporate communications offering with the appointment of Rebecca Nelson as executive director.
Nelson joins the investment bank next month from rival Schroder Salomon Smith Barney where she was a vice-president of corporate communications.
Schroder is currently looking for a replacement.
Nelson is the latest in a succession of appointments within Goldman Sachs' revamped communications team.
She reports to Lucas van Praag who was appointed corporate affairs director for Europe at the beginning of the year (PR Week, 7 January).
Prior to his appointment, European communications had been overseen by New York.
At the turn of the year, former MD of Burson-Marsteller's financial practice Simon Eaton also joined as an executive director. The bank retains Brunswick as its communications agency of record.
In June Goldman Sachs announced that pre-tax profits for the first six months of the year were pounds 1.7 billion, up from pounds 1.2 billion for the previous half-year, increasing its stranglehold on the investment banking market.