02/06/2020
While it was not clear how many jobs would go, the people said the planned move would mainly hit operations in London and to a lesser extent in Asia, which contributes nearly 90% of the bank's profits.
01/28/2020
On Tuesday, January 28, Vault.com released its annual Banking 50, a ranking of the best investment banking firms to work for in North America.
01/21/2020
It will offer fixed-income products, including foreign exchange and South African government securities, to corporate and institutional investors, and has executed its first transactions with clients.
01/20/2020
With deposits growing above the industry rate, a low risk loan portfolio and a strong balance sheet with billions in excess liquidity, the pieces were in place for the bank to continue taking market share, he told the FT.
01/14/2020
In the last few weeks of 2019, Morgan Stanley, UBS and Wells Fargo announced changes to their comp structures for this year, each designed to incentivize their advisors to grow their assets. But the changes weren’t received well by many.
01/08/2020
The changes, just before the bank’s fourth-quarter earnings report next week as well as its first-ever investor day later this month, should allow investors a cleaner look at how Goldman lines up with competitors.
12/31/2019
CMG, which is run globally by David Friedland, is therefore a move by Goldman to boost revenues outside its traditional large-cap M&A franchise where it is perennially ranked number one and sees less scope for growth.