Goldman Sacks Slimming Down its Russian Operations as Cuts Mount
Posted: Tue Jun 07, 2016 5:39 pm
Goldman Sachs has been part of list of global investment banks that been scaling down their operations across Europe, as well as globally, as profit margins and revenues have dived, leaving shareholders searching for answers.
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Goldman Sachs’ rivals have all faced similar fates, albeit localized more in the European or UK realm, arguably the jurisdiction that has been the hardest hit due to high labor costs. Groups such as Deutsche Bank, Barclays, Standard Chartered, and others, have ... (read more)