• Goldman Sachs leveraged finance veteran jumps ship to health insurer Humana's corporate M&A team

    5 days ago - By Business Insider

    Summary List Placement A near 20-year veteran of Goldman Sachs capital markets team has jumped ship to health insurer Humana.
    Logan Nicholson, who led Goldman's US leveraged finance capital markets unit, will lead corporate development and mergers and acquisitions team at Humana, according to a source familiar with the move.
    Goldman, meanwhile, has poached Chris Bonner from rival bank JP Morgan to replace Nicholson, a spokesperson for Goldman confirmed. Reuters first reported on Bonner's move on Tuesday.
    Bonner, who was JP Morgan's co-head of leveraged finance capital markets, will report...
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  • Burnout, blown deadlines, and a tech talent exodus: How Goldman Sachs' Marcus is struggling to live up to its lofty consumer banking ambitions

    Burnout, blown deadlines, and a tech talent exodus: How Goldman Sachs' Marcus is struggling to live up to its lofty consumer banking ambitions

    5 days ago - By Business Insider

    Summary List Placement Goldman Sachs launched its consumer-banking arm five years ago with a marketing blitz and much fanfare, sending a strong signal to Wall Street that it wanted to disrupt retail banking - and reshape its own future.
    Since then the bank has built it into a $1 billion business by standing up new technologies at breakneck speed.
    But now Marcus staffers are quitting in droves at the precise moment the bank needs them most, just as it announced a slew of ambitious products and reshuffled its corporate structure to focus on growth. Former employees, as well as banking...
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  • Goldman Sachs CEO predicts a 'big evolution' in the way bitcoin and other cryptocurrencies are regulated

    Goldman Sachs CEO predicts a 'big evolution' in the way bitcoin and other cryptocurrencies are regulated

    5 days ago - By Business Insider

    Summary List Placement
    Goldman Sachs CEO David Solomon anticipates a "big evolution" in the way the US government regulates digital assets.
    He said the bank was looking at ways to support client demand to be involved in crypto.
    Current US regulatory laws are unclear about how financial institutions can treat digital assets.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Goldman Sachs CEO David Solomon has said he expects a major transformation in how the US government regulates bitcoin and other digital assets.
    "I think there'll be a big evolution as to how this...
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