trending Market Intelligence /marketintelligence/en/news-insights/trending/_8q_Cusa6H3LX05OqAW2ew2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Goldman Sachs forming new group to shore up i-banking biz

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Report: Goldman Sachs forming new group to shore up i-banking biz

Goldman Sachs Group Inc. is establishing a group that would pitch "out-of-the box" M&A ideas to large conglomerates, as part of its efforts to boost its investment banking business, Reuters reported, citing "people familiar with the matter."

The group is expected to serve the likes of Berkshire Hathaway Inc., which invests in businesses across sectors. Internally known as the Innovation Lab, it will be headed by Brian DeCenzo and James Morris. The duo earlier worked as part of the company's financial sponsors group, helping private equity firms identify deal opportunities, according to the report.