Page 3 - Dan Dees News Today

(Reuters) - Goldman Sachs Group Inc has named Kim Posnett as the head of its global technology, media and telecommunications (TMT) investment banking group, according to an internal company memo. | May. 03

By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) - Goldman Sachs Group Inc has named Kim Posnett as the head of its global technology, me...

The new route into an investment banking role at Goldman Sachs.

Goldman Sachs has received a lot of criticism lately for missteps in its consumer banking business.

Following is the unofficial transcript of a CNBC interview with Goldman Sachs Chairman & CEO David Solomon on CNBC’s “Squawk Box”

The Wall Street bank is leaning into its strengths in catering to the world's wealthiest through One Goldman Sachs, as it pivots away from a messy consumer business that disappointed investors.

Investors await a fresh narrative at Goldman Sachs' second-ever investor day.

“Sometimes we fall short. Sometimes we don’t execute,” Goldman’s boss David Solomon told investors at the company’s New York headquarters.

The bank will try to convince investors that its Asset and Wealth Management arm is poised to make Goldman more competitive.

Some of the lumber that was left from the iconic oak tree featured in "The Shawshank Redemption" is now at the center of a civil suit.