Goldman Sachs is going through a huge transformation under CEO David Solomon. Here’s everything you need to know.
- The storied investment bank is seeing leadership shakeups under CEO David Solomon and a slew of partner departures.
- Goldman has been moving away from high-risk businesses like trading and is making pushes into more stable areas like consumer lending, wealth management, and transaction banking.
- There have been big cultural changes, too. Solomon is looking to create a more transparent workplace, while new tech execs are taking cues from Silicon Valley heavy-hitters.
- At Business Insider, we are closely tracking the latest developments at Goldman. You can read all of our Goldman coverage on BI Prime.
Storied Wall Street bank Goldman Sachs is going through some massive shifts under CEO David Solomon.
It’s taken big steps involving transparency and inclusion to change up its culture. It has seen a slew of partner departures – many in the securities division. And it’s making big pushes into businesses like wealth management and transaction banking.
Here’s everything we know about what’s been going on inside Goldman.