June 01, 2016 BY LeapRate Staff

Trading revenue slump leads to large investment banker layoffs at Goldman Sachs

Bloomberg is reporting that Goldman Sachs Group Inc (NYSE:GS) has cut dozens of investment banking jobs in the last few weeks, joining securities firms that are adjusting to a slowdown in trading volume and deal activity. Goldman apparently eliminated eliminated dozens of senior positions including Managing Directors, Executive Directors and Vice Presidents across the mergers and debt and…

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