Goldman hires Google exec to co-head applied innovation unit – memo

NEW YORK, July 12 (Reuters) – Goldman Sachs has hired Jared Cohen, who founded technology incubator Jigsaw at Google, to co-head its newly created applied innovation unit, an internal memo showed, as the Wall Street powerhouse invests in technology expertise.

Cohen, who also served as advisor to Google’s CEO Eric Schmidt in the past, will co-head the new Goldman unit with George Lee, the memo said, whose contents were confirmed by the bank’s spokesperson.

“The Office of Applied Innovation will…