A top Goldman Sachs banker left for rival Morgan Stanley - but now she's changed her mind

Bryan Bedder/Getty Images for The New York Times

Goldman Sachs Group chairman and CEO Lloyd Blankfein.

• Tammy Kiely, a top semiconductors banker at Goldman Sachs, was supposed to leave the bank for Morgan Stanley. She changed her mind and is now staying put at Goldman.
• Kiely joined Goldman in 1999 and was named partner in 2014.

Tammy Kiely, a top semiconductors investment banker at Goldman Sachs, has changed her mind about joining Morgan Stanley and is staying put at Goldman, according to people familiar with the matter.

Kiely, a partner at Goldman, was supposed to join Morgan Stanley later this year as the bank's global head of semiconductor and auto technology investment banking based in Menlo Park, according to an internal memo in March. But she changed her mind and is staying put at Goldman, the people said

A spokesman for Goldman declined to comment. Kiely and a spokeswoman for Morgan Stanley could not be reached for comment.

Kiely joined Goldman in 1999 in its technology banking group. She became a partner in 2014.

Dealmaking has surged in technology investment banking, and deals in semis have been particularly hot over the last two years.

This story was originally published by Mergers & Inquisitions.