Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said. The U.S. bank will target high net worth individuals through its asset management unit, the person said, asking not to be identified because the plans are private. It has already started hiring private…
Goldman Sachs is nabbing a senior private banker from rival Lombard Odier to run its Swiss wealth management arm, finews.com has learned. The American powerhouse is hiring Dominique Wohnlich, Lombard Odier’s top private banker in Zurich, a person familiar with the matter told finews.com on Monday. Wohnlich will oversee Goldman’s bank in Zurich, recently upgraded under Swiss head Stefan Bollinger. The…
KEY POINTS Goldman Sachs is merging four separate private-investment groups into one unit in an attempt to generate steadier income and make itself more attractive to investors, The Wall Street Journal reported Sunday. The new division, which combines units investing in private companies, real estate and “other hard-to-access deals,” is expected to command roughly $140…
There are a lot of banks who are planning to increase their headcount in Saudi Arabia such as Goldman Sachs, JPMargans, UBS and Citigroup.The reason is simple they all expect lucrative opportunities from the recent economics reform that lead to the country’s massive privatisation and its increasingly liberalised financial markets. Goldman Sachs regional boss, Wassim…
