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The rise of Goldman Sachs executive Stephanie Cohen


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Stephanie Cohen.
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Stephanie Cohen, cohead of Goldman s consumer and wealth group, is the only woman heading one of the bank s primary business divisions.
She is a key architect of the bank s ambitious consumer strategy, which involves partnerships with high-profile consumer brands.
Insiders told us what s at stake for her growing group, and what it could mean for Cohen s future.
When Adena Friedman, the CEO of Nasdaq, hosted a dozen executives for dinner at her home in June 2018, it marked the first encounter for one of Wall Street s most senior women and another up-and-comer. ....

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Goldman Sachs names new product management leaders in consumer, wealth


From: Tucker York and Stephanie Cohen
To: All CWM, Firmwide Engineering MDs and PMDs
January 19, 2021
CWM Product Management Leadership
In our division, and across all of Goldman Sachs, clients and customers are at the center of everything we do. While we may engage them in different ways – some more advisor led and others digitally led –a world class digital offering is critically important to every single one of our clients, customers and employees. To build on and enhance our track record of delivering a seamless and differentiated client and customer experience, we are formalizing the Product Management discipline within Consumer and Wealth Management. The Product Management team will partner with business leaders, advisors, clients and customers to develop and deliver digital products and services across the product life cycle. The team will ensure that our digital offering consistently addresses client and customer needs, aligns with and helps deliver our ....

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Goldman Sachs primed to launch robo-adviser Marcus Invest


Goldman Sachs primed to launch new robo-adviser Marcus Invest
The wealth manager will become one of the last major institutions to offer digital advice with the launch slated for Q1
December 22, 2020
2
MINS
Goldman Sachs Inc. is testing its digital advice platform with employees ahead of a public rollout slated for the first quarter of 2021, according to a company memo reviewed by
InvestmentNews. 
The robo-adviser, called Marcus Invest, is designed to manage portfolios of exchange-traded funds based on models designed by Goldman Sachs Investment Strategy Group, and featuring Goldman Sachs Asset Management’s ActiveBeta and Access ETFs in select portfolios, according to the memo. ....

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Inside a massive transformation at powerhouse Wall Street bank Goldman Sachs


Goldman Sachs is losing 2 consumer banking execs to Walmart. Here s a look at how the powerhouse Wall Street bank has been making a Main Street push.
[email protected] (Business Insider)
Goldman Sachs CEO David Solomon is taking big steps to transform the bank.
Goldman has been pushing into consumer banking and wealth management. 
Here s the latest news on Goldman Sachs.
Goldman Sachs has been going through some massive changes under CEO David Solomon.
It s taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it s making big pushes into businesses like wealth management and consumer banking.  ....

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