Goldman CEO claims asset management is the new expansion motor, will find out from bungled buyer energy

Essential Details

Goldman Sachs CEO David Solomon said asset management and wealth management would be the growth motor for the lender immediately after his efforts in purchaser banking went awry.
He also acknowledged that the agency failed to “execute very well” on elements of his customer thrust, but included that administration would replicate and study from the episode.
Goldman was scheduled to hold its next-ever investor day later Tuesday.

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