Goldman Sachs CEO David Solomon

Summary List Placement

Storied Wall Street bank Goldman Sachs has been going through some massive changes under CEO David Solomon.

It’s taken big steps involving transparency and inclusion to change up its culture. It has seen a slew of partner departures — many in the securities division. And it’s making big pushes into businesses like wealth management and transaction banking.  

The bank announced third-quarter earnings on Wednesday that trounced Wall Street’s estimates and showed continued strength through the coronavirus pandemic.

 

The latest on people moves, deals, wealth management

Goldman Sachs’ Joe Duran is planning to hire dozens of advisors for the firm’s wealth business, and says it’s getting a boost from companies pushing early retirements and layoffs
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Read the full memo Goldman Sachs just sent announcing a leadership shakeup in its powerhouse M&A group
A majority of Goldman Sachs’ summer interns prefer Instagram to TikTok, believe remote work hurts relationships, and think Biden will be elected president in November
Goldman Sachs, JPMorgan, and Citi are Wall Street’s …read more


Source:: Businessinsider – Finance

      

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