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Goldman Snubs NY & NJ, Looks To Open New Office In Dallas


by Tyler Durden
Tuesday, Jun 29, 2021 - 06:45 PM
Once upon a time, Goldman Sachs was known as a powerhouse in the world of commodities, a status it attained following its acquisition of J Aron, the commodities brokerage that was once the home of former Goldman chieftains Lloyd Blankfein, Gary Cohn, Harvey Schwartz and others. But Goldman dumped most of its physical commodities business years ago at the start of what was to become a yearslong bear market in oil and other industrial commodities.
Now, after the bank s strategists have repeatedly (and correctly) called the run-up in crude prices, the start of ....

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Goldman Plans New Dallas Campus, Extending Bet on Hub in Texas


Goldman Plans New Dallas Campus, Extending Bet on Hub in Texas
Jun 30 2021, 3:11 AM
June 29 2021, 8:37 PM
June 30 2021, 3:11 AM
(Bloomberg) Goldman Sachs Group Inc. is on the hunt for a new office campus in Dallas that could become the Wall Street bank’s largest presence in the U.S. outside of its Manhattan headquarters.
(Bloomberg) Goldman Sachs Group Inc. is on the hunt for a new office campus in Dallas that could become the Wall Street bank’s largest presence in the U.S. outside of its Manhattan headquarters.
Executives are in advanced talks with developers as the firm scouts for expanded space in North Texas, a region known for steakhouses, luxury retail and low taxes. The move could boost Goldman’s presence there to rival an older outpost in Jersey City, where the bank’s tower looms over much of the local skyline and even supplant it in time, according to people with knowledge of the situation. ....

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