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01.11 - 15:37
Goldman to fold major business units into three main divisions in sweeping reorganisation
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fnlondon.comGoldman Sachs plans to fold its most important businesses into three divisions, undertaking one of the biggest reshuffles in the Wall Street firm’s history.
Goldman will combine its flagship investment banking and trading businesses into one unit, while merging asset and wealth management into another, people familiar with the matter said. Marcus, Goldman’s consumer-banking arm, will be part of the asset- and the wealth-management unit, the people said.
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