In trading revamp, Goldman’s message to staff: be like dealmakers
Over the past decade or so,
Goldman Sachs Group Inc has watched its annual trading
profits fall a whopping 84%, as post-financial crisis
regulations upended Wall Street. Now, bank executives are hoping
they have figured out the key to a turnaround: asking traders to
be more like investment bankers.
Goldman Sachs Group Inc has watched its annual trading
profits fall a whopping 84%, as post-financial crisis
regulations upended Wall Street. Now, bank executives are hoping
they have figured out the key to a turnaround: asking traders to
be more like investment bankers.
Posted by Reuters
