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Goldman’s Asset, Wealth Management Units to Merge Again

People familiar with the matter have revealed Goldman Sachs’ plans to bring its asset management and wealth management units back together. So reports Bloomberg.

Goldman SachsThe merged unit would reportedly be led by Marc Nachmann as part of a broader reorganization.

The move comes two years after Goldman CEO David Solomon broke up the asset management and wealth business amid internal skepticism.

Read the full article from Bloomberg.

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