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Goldman Sachs Continues to Simplify With Personnel Moves

TheMotleyFool 
0 0 30.09.20
Goldman Sachs Continues to Simplify With Personnel MovesPhoto, wide shot, wide-angle lens, Hedge fund, neutral atmosphere, photo by Charlie Waite: https://img.theapi.app/temp/95282efd-f725-49c0-be40-aa74627f7ccc.png
 

Goldman Sachs (NYSE: GS) CEO David Solomon has promoted Stephanie Cohen to co-head its consumer banking and wealth management division as part of an executive shuffle at the bank.

The news, which multiple media outlets reported, makes Cohen the first woman to run a division at the bank since 2018, according to CNBC. Tucker York, who previously worked in the private banking division of Goldman, will co-head the division with Cohen.

Goldman is also changing the head of its digital bank Marcus, which offers high-yield savings accounts, among other products.

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Source Fool.com

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