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  • Reuters

    Goldman Sachs picks insiders to co-run German, Austrian investment banking

    BERLIN (Reuters) -Goldman Sachs has chosen Jens Hofmann and Tibor Kossa, both working for the bank, as new co-heads of its Germany and Austria investment banking business, one of the top U.S. banks said in a memo seen by Reuters on Thursday. Hofmann joined the company in 1994 as an analyst and was promoted to managing director in 2004, while Kossa joined in 2018 as managing director and worked as co-head of M&A in Germany and Austria until recently. Christopher Droege, who shared leadership of M&A with Kossa, will now become sole head of M&A for Germany and Austria.

  • Reuters

    Goldman Sachs CEO says Fed unlikely to cut rates this year

    Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates this year. "I'm still at zero cuts," Solomon said at a Boston College event. "I think we're set up for stickier inflation."

  • Zacks

    Wall Street Analysts Think Goldman (GS) Is a Good Investment: Is It?

    According to the average brokerage recommendation (ABR), one should invest in Goldman (GS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?