Goldman Sachs asset management executive Salisbury departs for Sixth Street

of asset manager TCW Group. Goldman is in a crucial phase as it aims to expand in asset management and undo damage from an ill-fated foray into consumer banking.

Salisbury has "done a great job putting together all these asset management businesses over the last few years," Nachmann said in an interview. "It’s been great to work with him and I’m excited for him." In a memo announcing Salisbury's departure, Goldman CEO David Solomon credited him with unifying five different investment platforms and joining together its traditional and alternative asset management operations.

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.

Are rate hikes over? FOMC analysis from Goldman Sachs, BofA, and moreThe Federal Reserve just hiked interest rates to their highest level in 22 years. Here's how Wall Street is reacting, where the pros think investors should be putting their money, and why inflation isn't going anywhere anytime soon.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple CEO Tim Cook was denied his company’s credit card: reportThe snafu was one of several problems that festered between Apple and its partner in the project, Goldman Sachs.
Source: nypost - 🏆 91. / 67 Read more »