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Source: Goldman Sachs expected to announce sale of 'United Capital' on Monday or Tuesday, which tells more about the Wall Street bank's dysfunction than Joe Duran's old rollup

The New York City investment bank is 'at war with itself,' the Wall Street Journal says, in part, because ex-CEO Lloyd Blankfein's hare-brained ideas about extending its B2B brand were made worse by current CEO David Salomon..

Author Brooke Southall August 19, 2023 at 2:47 AM
Admin:
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David Solomon is extracting Goldman Sachs from middle-brow asset management.
Keith Girard contributed to the editing of this article.

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February 8, 2023 at 3:03 AM

Goldman Sachs fought the squid, but the squid won as CEO David Solomon puts the United Capital-Ayco RIA back under the control of house asset managers

Solomon acknowledges he's largely reunifying wealth management and asset management to regain synergies after trying to give the in-house RIA agency.

November 1, 2022 at 4:03 AM

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Mentioned in this article:

United Capital Financial Advisers
RIA Welcoming Breakaways
Top Executive: Joe Duran




Joe

Joe

August 23, 2023 — 6:34 PM
It's David Solomon, not "Salomon". Come on now.

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