Goldman Sachs is throwing its own employees out of its private bank

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Goldman Sachs reportedly is in the process of throwing its own employees out of its private bank because some of them just aren't wealthy enough to bank at Goldman.

For years, Goldman allowed its current and former employees to use its private banking services.

This gave them access to Goldman research, trade execution services through Goldman, and a dedicated customer service line. But now Goldman has decided that some of its own will have to bank elsewhere.