Goldman Sachs Group Inc. sold a majority stake in SIMON, its proprietary platform that distributes complex investment products, to a cohort of Wall Street rivals.
Brittany Boals Moeller takes reins of Atlanta from departing manager while Raymond James unit recruits a Bernstein broker in the Georgia capital.
Goldman Sachs Group Inc. isn’t any closer to offering one the key services sought by clients still intrigued by cryptocurrencies amid this year’s collapse in digital-asset prices.
The first thing visitors see after stepping off the elevator at Gerry Cardinale’s RedBird Capital Partners is a 10-foot-tall statue of the Incredible Hulk.
Two years ago, Tania Mirchandani, a Goldman Sachs Group Inc. vice president in Los Angeles, told her boss she was pregnant with her third child. He was skeptical she could balance a large family with her demanding job, she recalled. That’s “a lot of mouths to feed,” she quoted him as saying.
For Goldman Sachs Group Inc.’s millionaire clients, it can take the firm 5 minutes to underwrite a loan to start a new business or pay down taxes. At Morgan Stanley, bankers are keen to give you bridge financing so you can bid for your mansion in cash.
A billion-dollar asset team at Morgan Stanley and an $11-million producer at Goldman head to independent firms.
Goldman Sachs Group Inc. veteran Gary Hirschberg is the latest executive to leave a high-profile bank and start an independent wealth-management firm.
Cryptocurrency hedge funds refuse to give up on the bruised market as firms continue to open and some of the more established ones expand.