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Goldman names new co-head of internal client services initiative


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NEW YORK Goldman Sachs Group Inc named Kim Posnett as the new co-head for an internal client services initiative called One Goldman Sachs, according to a memo seen by Reuters on Monday.
Posnett, currently the global head of investment banking services, will work with co-head Sam Morgan to integrate the bank’s business divisions and improve how Goldman serves some of its biggest clients, according to the memo, which was signed by Chief Executive Officer David Solomon.
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Goldman names new co-head of internal client services initiative - Netscape Money & Business


Goldman names new co-head of internal client services initiative
04/19/2021 18:32
NEW YORK (Reuters) - Goldman Sachs Group Inc named Kim Posnett as the new co-head for an internal client services initiative called One Goldman Sachs, according to a memo seen by Reuters on Monday.
Posnett, currently the global head of investment banking services, will work with co-head Sam Morgan to integrate the bank s business divisions and improve how Goldman serves some of its biggest clients, according to the memo, which was signed by Chief Executive Officer David Solomon.
The initiative has been part of Solomon s vision for how to grow the bank since he became CEO in late 2018. By improving collaboration, Goldman hopes to gain more business from existing clients and improve its market share in a number of areas. ....

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GameStop, WallStreetBets investing stories: Business Insider weekly recap


Your weekly recap and outlook
If you re reading this, that means you managed to make it through the stock market s most absurb week in recent memory. You ll always remember where you were when Reddit day traders banded together and pumped 90 s nostalgia stocks like GameStop to the moon an unprecedented uprising that sent ripples through every layer of the financial system.
The story starts, of course, with the traders themselves, who conduct their business on r/WallStreetBets subreddit. They threw the exact perfect mix of market savvy, anti-establishment sentiment, and sheer will into a blender and came out with a destabilizing cocktail that left established Wall Streeters scrambling clean up the mess. ....

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