CALL IT “EXTREME MAKEOVER: BANKING EDITION,” AND GET A LOOK AT THE LATEST CONTESTANT. GOLDMAN SACHS IS CHANGING BOTH INSIDE AND OUT. FIRST, THE COMPANY IS BUILDING A PRIVATE BANK THAT WILL LEND TO WEALTHY INDIVIDUALS AND COMPANIES. THE MOVE IS DESIGNED TO GENERATE REVENUE AND FEES AT A TIME WHEN ITS OTHER BUSINESSES, LIKE INVESTMENT BANKING, ARE HURTING. GOLDMAN PLANS TO GROW THE BUSINESS FURTHER OUTSIDE THE U.S. IN PLACES LIKE ASIA.
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The Makeup of Goldman – FINS
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