Wall Street Exodus: Goldman Sachs Expands in Dallas, Texas
Wall Street faces challenges in NYC as Goldman Sachs invests $500M in a Dallas campus. Texas attracts financial firms with lower taxes and less regulation, creating competition for New York.
Goldman Sachs: Junior Bankers’ Loyalty Policy
Goldman Sachs is implementing a new policy requiring junior bankers to periodically recommit to the firm, aiming to reduce defections to private equity. Concerns are raised about early career decisions and potential conflicts.