Goldman wants traders to be more like dealmakers and coders

By Elizabeth Dilts Marshall NEW YORK (Reuters) - Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders to be more like investment bankers. Over the past year, Chief Executive David Solomon and his leadership team have given the trading business a fresh mandate

The post Goldman wants traders to be more like dealmakers and coders appeared first on Firstpost.

from Firstpost