Investment banking giant Goldman Sachs has revealed for the first time a fresh loss of $5bn during the financial crisis.
In figures disclosed as part of internal reforms to mute critics, the investment banking giant revealed it suffered losses of $13.5bn from investing and lending with its own funds in 2008, the Financial...
'Significant' Brexit transitional deal needed
Rosalyn Breedy, corporate and financial services partner at Wedlake Bell, says UK asset managers should tackle their operating models to develop financial firms fit for the 21st century.
Higher stakes and limited options
Will negotiate for transition period
Sandro Pierri joins as global head of client group