Goldman Sachs warns of UK recession, issues equity protection recommendations
The UK could slide into negative growth next year, but US equities are looking more promising, says the bank’s research arm.
The UK could slide into negative growth next year, but US equities are looking more promising, says the bank’s research arm.
New head joins from Hound Partners where he served as COO and before that, spent 25 years at Goldman Sachs.
The bank is planning one of the biggest Wall Street reshuffles in years, with its key businesses reorganised into three divisions – one of which will bring together the investment banking and trading operations.
The Kingdom has appointed five international banks to act as market makers in a bid to boost its secondary debt market.
New tool, Visual Structuring, aims to provide faster price discovery, detailed scenario analysis and improved collaboration on trades and ideas.
Departing executive had been with Goldman for five years; previously served at Bank of America Merrill Lynch, Panta Capital, Winton Capital Management, FGS Capital and Barclays Global Investors.
The past week saw appointments from Goldman Sachs, Kepler Cheuvreux, Sequitor, EDX Markets, Millennium - along with departures from Euronext, Instinet and Liquidnet.
Departing executive has been with the bank for the last 14 years; replaces Tom Ungi who is set to retire later this year.
Departing individual had been with Goldman Sachs for six years and previously served at SEB, Nasdaq and Itiviti AB as well as in several FinTech roles.
Much likes its peers, Goldman Sachs saw its investment banking revenues fall 41% in comparison with last year.