Goldman Sachs

Goldman Sachs poaches cybersecurity head from Morgan Stanley

10/01/20

Goldman Sachs Group turned to its chief rival to fill its top cybersecurity job.

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Goldman to resume job cuts as banks abandon COVID moratorium

09/30/20

Goldman Sachs is resuming job cuts as the coronavirus pandemic outlasts the financial industry’s resolve to offer jittery employees stability through the economic downturn.

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What’s next for Goldman Sachs’s Marcus

09/30/20

Harit Talwar, who is moving from CEO of the digital banking unit to chairman of consumer banking, says Marcus wants to add checking and investment products, embed its offerings in additional high-profile platforms, and grow far beyond its current 5 million customers.

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Goldman shakes up units in fresh push to win over investors

09/29/20

Goldman Sachs Group shuffled its business lines and announced a raft of management changes, carving out new divisions aligned with a strategy pivot unveiled earlier this year.

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Goldman’s consumer bank chief to give up post in leadership swap

09/28/20

The executive who helped guide Goldman Sachs Group’s embrace of Main Street is giving up his post in a management shuffle at the consumer unit.

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Fed corrects stress test error for Morgan Stanley, Goldman Sachs

09/04/20

The central bank said it had miscalculated the loss rates for certain public welfare investments, which led to incorrect capital requirements for the two companies.

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Banks broaden school recruiting in bid to diversify ranks

08/21/20

A decision by some banks to replace in-person campus visits with video interviews is intended to increase diversity by reaching beyond the handful of elite business schools and Ivy League universities long associated with the finance industry.

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Fed publishes big-bank capital requirements tied to stress test buffer

08/10/20

Under a rule issued in March, banks will build an additional capital cushion that is determined by their performance in the annual tests.

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Goldman's 2Q profit surges on record trading revenue

07/15/20

Goldman Sachs Group made the most of a historic market rebound in the second quarter as the Federal Reserve’s stimulus efforts handed a bonanza to Wall Street trading desks.

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Fintech shakeout, Main Street loan quandary, PNC diversifies leadership: Top stories of the week

07/11/20

New president of Promontory Interfinancial Network says recession will cause "hundreds" of nonbank disruptors to fail; lenders face dilemma over offering Main Street loans to noncustomers; PNC Financial expands, diversifies executive leadership team; and more from this week’s most-read stories.

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