LONDON, March 9- Goldman Sachs named top trader Michael Daffey as global markets chairman on Monday, with a remit to strengthen key client relationships as the Wall Street giant tries to remodel its trading business in Europe after Brexit. In the newly-created role Daffey, who is global co-chief operating officer of Goldman's equities franchise, will...
NEW YORK, Feb 20- For months, the watercooler chatter around big Wall Street banks focused on whether Goldman Sachs Group Inc would finally pursue a major deal. On Thursday, Morgan Stanley said it plans to acquire E* Trade Financial Corp for $13 billion, cementing its position as a hub where individuals manage their finances. If successful, it will be the biggest...
WASHINGTON, Feb 12- Former Goldman Sachs head Lloyd Blankfein and U.S. Blankfein, who was the chairman of Wall Street bank Goldman Sachs during the financial crisis, tweeted the criticism about Sanders as the U.S. senator from Vermont led the New Hampshire primary Tuesday night. Asked Wednesday if he agreed with Blankfein's comment that a President Sanders...
His comments are in stark contrast with those from predecessor Lloyd Blankfein.
NEW YORK, Jan 29- Goldman Sachs Group Inc on Wednesday set targets to grow its fledgling consumer unit, while improving efficiency and shareholder returns, but urged patience at its first-ever investor day presentation. "We are planting seeds that will take time to mature and grow," Chief Executive Officer David Solomon said in an address to investors, some of whom...
NEW YORK, Jan 29- Goldman Sachs Group Inc on Wednesday set targets to grow its fledgling consumer unit and transaction banking business while improving efficiency and returns to shareholders, but urged patience at its first-ever investor day presentation. "We are planting seeds that will take time to mature and grow," Chief Executive Officer David Solomon said...
NEW YORK, Jan 29- As Goldman Sachs Group Inc approaches its first-ever investor day on Wednesday, all eyes are on its tiniest business division, the consumer bank, and how the Wall Street powerhouse will get it to grow. The consumer unit generates an outsized share of the Wall Street bank's publicity. Goldman unveiled Marcus in 2016 as a way to supplement falling...