Chief Trader Of Goldman Sach Russia Quits To Build Sauna

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Peter Kizenko, Golden Sach’s chief equity trader in Moscow, quit to return to New Jersey to finish building a commercial Russian sauna.

Kizenko was born in New York, said that he is returning after 18 years in Moscow because of the growth of electronic trading and declining compensation in the industry. He joined Golden Sach in 2006 from UBS AG, where he was the Swiss Bank’s lead trader in Moscow.

The banya,or Russian spa, is set to open next month and is a tradition that dates back to the 11th century in Russia. A log is heated to more than 176 degrees Fahrenheit, and copious amounts of water are added to bring the humidity to the same level. A banya visit begins with several rotations in and out of the steam room to allow the body to warm up. Five banyas already exist in New York.

Source: Bloomberg

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