Goldman Sachs Group Inc on Tuesday named new chiefs of its asset management and consumer and wealth management divisions as part of a broader restructuring of those businesses, effective Jan. 1.
The merchant banking and asset management businesses will be merged into a unit led by Eric Lane and Julian Salisbury, it said in a statement. Lane is global co-head of the bank's consumer and investment management division. Salisbury serves as global head of merchant banking.The private wealth and consumer businesses will be combined into a unit led by Tucker York and Stephanie Cohen. York is head of wealth management, while Cohen is the bank's chief strategy officer.
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