Goldman Sachs has fired several executives in its transaction banking unit after they breached its communications policy, in a sign of a wider crackdown.
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Goldman Sachs fired several executives in its transaction banking unit after they violated the firm's communications policy, according to a memo seen by Reuters on Wednesday. Philip Berlinski, the bank's treasurer, will take over day-to-day management of transaction banking alongside Akila Raman and Luc Teboul. Berlinski is also leading Goldman's financial technology and consumer business on an interim basis.
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