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Goldman Sachs to boost number of mid-sized corporate clients: CEO

Reuters  |  NEW YORK 

NEW YORK (Reuters) - Goldman Sachs Group Inc Chief Executive Officer David Solomon said on Tuesday the bank aims to boost the number of mid-size corporate clients it serves over the next few years. Goldman Sachs's investment bankers and corporate banking divisions have long managed relationships with some of the world's largest companies, Solomon said. But as the U.S. investment bank develops more corporate services, like cash management, it has sought to sell them to a broader group of clients. "There are lots and lots of companies with (enterprise) value at $500 million to $3 billion," ...

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First Published: Tue, February 12 2019. 23:17 IST