Critical Details
- Goldman faces an inflection place: Boom-or-bust pursuits like buying and selling or advising on mergers have fallen out of favor with investors.
- Which is why Goldman CEO David Solomon has hitched his fortunes to asset and prosperity management right after dropping an sick-fated retail banking work.
- Fears surfaced lately after previous asset administration co-head Julian Salisbury departed Goldman for a scaled-down rival. His previous co-head, Luke Sarsfield, also still left before this yr, encouraging gasoline concerns about a mind drain at Goldman.
