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Goldman Sachs is reorganizing its businesses to highlight its transformation into a digital bank

January 7, 2020

Via: CNBC

Goldman Sachs is reorganizing its businesses to more closely resemble Wall Street peers and give its nascent retail banking operations its own category.

The bank is now calling its four main segments global markets, investment banking, asset management and consumer & wealth management, Goldman said in a filing early Tuesday. Previously, the divisions were called institutional client services, investment banking, investment management, and investing and lending.

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