Reported about 11 hours ago
Goldman Sachs is implementing a significant restructuring in Asia to enhance its investment banking share, according to its newly appointed regional chief. The revamp involves unifying merger and acquisition teams and multiple business functions to create a cohesive regional platform, which the bank believes will allow for broader insights and more efficient execution. The chief noted a positive shift in M&A activity and investor sentiment in the region recently, suggesting that Goldman Sachs is well-positioned to benefit from favorable market conditions.
Source: YAHOO