Goldman's masterplan is to make lots of money
Goldman Sachs laid out plans to turn around its FICC division, following two quarters in which the business underperformed its peers. The bank also laid out its plans to boost revenues across the bank in unprecedented detail, explaining to the market how it would add $5bn to revenues in three years.
Goldman Sachs president and chief operating officer Harvey Schwartz said the $5bn was not
intended to be a target, but a plan that the investment bank was already
“We are wholly committed and focused to providing returns to
our shareholders. We are committed to growing the return
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