Meet the 'young, talented' banker who just got a shoutout from Goldman Sachs' No. 2, John Waldron
Waldron on Thursday also highlighted the bank's ability to service clients in a high-interest, high-risk environment. He said he sees the bank gaining market share generally in financing as regional banks pull back.
He suggested that there are similar opportunities in private banking, he said."We've built a nice sizable platform in lending to our Private Wealth clients. But we can do more," he said. Waldron on Thursday admitted that Goldman has"underinvested" in the private wealth business. He said that the bank plans to hire more advisors and support staff in the field, which has yielded"very good returns on that investment" in the past.
"We're very uniquely positioned to be able to provide a one-stop solution for those clients given we know how to underwrite those companies, we understand those risks, and we have great relationships with these founders," she said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs to cut more jobs, eyes sharp fall in markets revenueGoldman Sachs Group Inc plans more workforce reductions as the difficult economic environment weighs on dealmaking and warned trading revenue could fall 25% this quarter, the bank's president said on Thursday.
Read more »
Apple customers struggle to get money out of Goldman Sachs-operated savings accountsApple Savings accoun holders have reportedly been having issues transferring funds out the account, with some customers’ money completely disappearing for up to seven business days.
Read more »
Apple and Goldman Sachs Don’t Trust Their New Banking Customers'Security reviews' are reportedly locking up Apple Savings users' accounts for weeks on end. It’s just one way blunt-force anti-money laundering protocols undermine retail banking, davidzmorris writes. Opinion.
Read more »
Goldman unveils a new list of its top stock picks for clients. Here's what's on itGoldman Sachs released its 'directors' cut' of high-conviction stock picks.
Read more »
WSJ News Exclusive | Apple Customers Say It’s Hard to Get Money Out of Goldman Sachs Savings AccountsSome customers with Apple savings accounts, which are a partnership with Goldman Sachs, say it has taken weeks to withdraw money.
Read more »
Goldman COO warns that bank expects 25% slump in trading revenue in second quarter: media reportsThe chief operating officer of Goldman Sachs Group Inc. warned Thursday that the investment bank is expecting a 25% slump in trading revenue for the...
Read more »