Ex-Goldman Sachs President Gets PineBridge Post

PineBridge Investments LLC, the money manager controlled by Hong Kong billionaire Richard Li, named former Goldman Sachs (GS) Group Inc. banker John Thornton as chairman. Thornton, who became a professor at Beijing’s Tsinghua University after retiring as co-president of Goldman Sachs in 2003, replacesMervyn Davies, the chairman since 2010, according…