News Formal

WSJ News Exclusive | Goldman Plans Sweeping Reorganization, Combining Investment Banking and Trading

  • 📰 WSJ
  • ⏱ Reading Time:
  • 5 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Goldman plans to fold its biggest businesses into three divisions, merging investment banking and trading into one unit, people familiar with the matter said

Marcus, the Wall Street firm’s consumer arm, to be part of a combined asset, wealth business.

Marcus, the Wall Street firm’s consumer arm, to be part of a combined asset, wealth business
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Round and round in circles. Management just scab off producers with endless re-orgs that just increase the number of costlier 'Co-Head' non-producers, none of which enhance shareholder value.

keeping trading and investment banking separate was a vital lesson learned from the 'fabulous fab' mortgage securities fiasco years ago

Eventually Goldman will own everything and everyone. They are our Xi Jinping

Hi toilet paper .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Analysts are standing by these stocks with 'robust upside' ahead of Q3 earningsWall Street analysts named of some of their favorite stocks to buy ahead of earnings. This means these stocks are toast…
Source: CNBC - 🏆 12. / 72 Read more »