Goldman Sachs readies layoffs in Aussie investment banking team

Philippines News News

Goldman Sachs readies layoffs in Aussie investment banking team
Philippines Latest News,Philippines Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 90%

Goldman Sachs’ global cost-cutting has landed on the Australian shores.

Goldman Sachs, a bellwether for rival firms, is weighing sharp cuts to bonuses and could fire thousands of staff globally.Street Talk understands Goldman Sachs was expected to lay off as many as 12 people from its Australian investment banking team, which was the third-largest IB fee earner locally for 2022.

Investment banking co-heads Nick Sims and Zac Fletcher were expected to make the call in coming days. But there’s already signs of movement on the

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs to start cutting up to 3,200 jobs this weekGoldman Sachs to start cutting up to 3,200 jobs this weekRedundancies expected to be concentrated in investment banking division and consumer arm
Read more »

Goldman Sachs suspends sell-side research on likes of Charter Hall, A-REITsGoldman Sachs suspends sell-side research on likes of Charter Hall, A-REITsGoldman Sachs has suspended its sell-side research on real estate investment trusts (REITS) listed in Australia and New Zealand as well as big listed property businesses like Charter Hall and Stockland, as one analyst leaves the firm and another transitions to a different role.
Read more »

Djokovic cops major scare, saves championship point but extends 34-match unbeaten Aussie runDjokovic cops major scare, saves championship point but extends 34-match unbeaten Aussie runHe had to save match point - but for the 92nd time, Novak Djokovic is a tournament winner... and still unbeaten in Australia since 2018. MORE:
Read more »

'Flabbergasted' icon's message to dudded LyonMark Taylor was 'flabbergasted' by the spinner's constant rejections. 🤯 And was unimpressed with the 'disappointing' contribution of one of his bowling mates. 👀 9WWOS
Read more »

Goldman to sack 3200 staff after cost reviewGoldman to sack 3200 staff after cost reviewSlowdowns in some business lines, an expensive consumer-banking foray, and an uncertain outlook for markets and the economy are prompting the bank to slash costs.
Read more »

Aussie Major League Baseball star diagnosed with cancerAussie Major League Baseball star diagnosed with cancerAustralian baseballer Liam Hendriks, who plays in the MLB for the Chicago White Sox, will begin immediate treatment after being diagnosed with non-Hodgkin lymphoma.
Read more »



Render Time: 2025-03-31 14:44:45