Goldman Sachs, which co-led the flotation of Genworth Financial from General Electric last May, has not made the line up of banks involved in a $2.4bn (€1.8bn) secondary offering announced today.

JP Morgan, Merrill Lynch and Morgan Stanley are leading the sale of a further 82 million Genworth shares by GE, some will go to Citigroup for an exchangeable bond into Genworth shares.