updated - August 3, 2020 Monday EDT
Goldman Sachs Group Inc. has unveiled a series of changes within the company, including promoting junior bankers quicker, according to a report from Reuters. The company is looking to retain more talent with its series of changes.
Goldman Sachs Bank USA has announced that it will be acquiring GE Capital Bank’s online deposit platform and assume GE’s $8 billion in online deposits and $8 billion in brokered certificates of deposit, according to a press release issued by Goldman Sachs.
Several top U.S. companies have promised to support the Obama administration's latest initiative to address climate change, committing $140 billion in investments to reduce carbon emissions ahead of a United Nations summit this year.
Kunal Shah, managing director at Goldman Sachs was promoted to an official Partner of the multinational investment company, making him the youngest Partner to included in the company’s highly sought-for club.