Goldman Sachs Jolts Wealth Management Strategy Goldman Sachs Group is acquiring United Capital Financial Partners, Inc. for $750 million in cash as a way to broaden the reach of the Wall Street giant’s intellectual capital and investment capabilities, officials say. The transaction is expected to close during the third quarter of this year, subject to… Read More >>
Lloyd Blankfein to Retire from Goldman Sachs
Lloyd C. Blankfein will be stepping down from his dual role as chairman and CEO of Goldman Sachs Group after a 12-year reign at the top during which he guided the firm through the Great Recession and many controversies. The changing of the guard at Goldman Sachs was not met with surprise as there have… Read More >>
Trump Pick Spurs Executive Shuffle at Goldman Sachs
An executive shuffle is underway at investment banking giant Goldman Sachs as Gary D. Cohn, president and chief operating officer (COO) for the firm, has agreed to become the top economic policy adviser to President-Elect Donald J. Trump. The Trump transition team and Goldman Sachs officials confirm the appointment of Cohn, and Lloyd C. Blankfein,… Read More >>
