People and Business: Goldman gold

IT IS going to be traumatic for Goldman Sachs when it goes public this summer, having spent so many years as one of the most secretive investment banks on the block. Goldman has therefore gone on a pre-float hiring spree for spokespeople to deal with inquisitive journalists and shareholders.

The bank has hired a chap called John Anchors in New York to be its first- ever director of investment relations. It is also looking for a global head of PR in the Big Apple and a European PR head in the smoke.

Pay is secret, but a source said they were "the kind of mind-boggling amounts you would imagine".