• Meet the Goldman Sachs execs tasked with building the firms' new Blackstone-esque private-investing unit - and pumping up the bank's flagging stock price

    4 monthes ago - By Business Insider

    Goldman Sachs announced a plan Monday to combine five investing teams into a single alternatives investing unit to be housed in the merchant banking division.
    The three co-heads of the new division will be Julian Salisbury, Andrew Wolff and Sumit Rajpal, according to the memo to staff announcing the appointments.
    The changes elevate a trio of executives with relatively little public persona into a crucial spot as CEO David Solomon looks to pump up the firm's flagging stock price.
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  • Goldman Sachs is sounding the alarm to clients that technology stocks are overvalued

    Goldman Sachs is sounding the alarm to clients that technology stocks are overvalued

    4 monthes ago - By CNBC

    It's about time to write off high-growth tech stocks, Goldman warned, saying software carries the highest multiples since the tech bubble.
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