transaction banking: Goldman Sachs fires several executives

transaction banking: Goldman Sachs fires several executives in transaction banking -memo

Goldman Sachs has fired several executives in its transaction banking unit for violating the firm's communications policy. The company did not disclose the names of the individuals. Philip Berlinski, the bank's treasurer, will take over the management of transaction banking on an interim basis. Hari Moorthy, the head of transaction banking, was among those who departed. The individuals violated the firm's communications policy and failed to cooperate with the compliance department.

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