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What's Going On With Goldman Sachs Shares Tuesday?
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What's Going On With Goldman Sachs Shares Tuesday?
Aug 20, 2024 11:47 AM

Goldman Sachs Group ( GS ), Inc. shares are trading lower on Tuesday. The bank has reportedly hired veteran investment banker Matt Beitzel, who previously led Citigroup’s North American banks coverage, as a partner in its financial institutions group.

Beitzel will join Goldman Sachs ( GS ) in November after a period of gardening leave, as per Reuters.

In his new role, he will lead Goldman’s dealmaking efforts with banks and financial services firms across the Americas.

In July, Goldman Sachs ( GS ) made several senior leadership appointments within its investment banking team, including the appointment of former JPMorgan banker Carsten Woehrn as joint co-head of M&A in EMEA.

The bank confirmed Haidee Lee‘s return to Goldman Sachs ( GS ) as global co-head of Sponsor M&A. 

This month, Goldman Sachs ( GS ) has reportedly agreed to sell Blanchardstown Centre, Ireland’s largest shopping mall, to credit firm Strategic Value Partners.

Investors can gain exposure to the stock via iShares U.S. Broker-Dealers & Securities Exchanges ETF and Invesco KBW Bank ETF .

GS Price Action: Goldman Sachs ( GS ) shares are down 0.88% at $500.25 at publication Tuesday.

Read Next:

Brighter Outlook: Goldman Sachs Optimistic On U.S. Economy, Cuts Recession Risk Down To 20%

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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