Goldman Sachs CEO shuffles consumer banking, wealth management leaders

  • Date: 30-Sep-2020
  • Source: CNBC
  • Sector:Retail
  • Country:GCC
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Goldman Sachs CEO shuffles consumer banking, wealth management leaders

David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute's 22nd annual Global Conference in Beverly Hills, April 29, 2019Mike Blake | ReutersGoldman Sachs CEO David Solomon restructured several of his businesses and named new heads for the bank's asset management and consumer and wealth management divisions. The moves announced Tuesday in company memos made chief strategy officer Stephanie Cohen co-head of the firm's consumer banking and wealth management division along with Tucker York. Cohen, a rising star within Goldman, will be the first woman to run a division at the New York-based bank since the 2018 departure of trading co-head Isabelle Ealet.Solomon's moves are the latest changes he has made to Goldman's structure nearly two years into his tenure atop the bank. He has simplified the bank into four