Meet the Goldman Sachs execs tasked with building the firm's new Blackstone-esque private-investing unit, and pumping up the bank's flagging stock price

The execs to run it are Julian Salisbury, Andrew Wolff, and Sumit Rajpal, who will serve as heads, and Rich Friedman, who will chair the division.

June 18, 2019   |   View Online »

Meet the Goldman Sachs execs tasked with building the firm's new Blackstone-esque private-investing unit, and pumping up the bank's flagging stock price Dakin Campbell | The execs to run it are Julian Salisbury, Andrew Wolff, and Sumit Rajpal, who will serve as heads, and Rich Friedman, who will chair the division. Read More »

Citigroup launched a major restructuring of 2 of its top moneymaking units in sales and trading. We got the internal memo. Alex Morrell | Citi is merging its rates and currencies businesses, two of the top moneymakers in its $11.6 billion FICC division, it announced in an internal memo. Read More »

Employees of unicorns are cashing out before their start-up goes public. It shows how rocky this year's big IPOs have been. Bradley Saacks | The public debuts of Lyft and Uber have spooked some employees in Silicon Valley, who want to get cash before the market potentially devalues their shares, according to Forge. Read More »

High-speed trading firm GTS is making a push into the rapidly-changing bond market, and the CEO says 'there is so much we can do' Dan DeFrancesco | GTS is planning to build upon its recently acquired ETF business to begin making markets in US corporate bonds. Read More »

The stock market is entering its 2 most important weeks of the year. Here's what Wall Street experts recommend to navigate the chaos and make a killing. Akin Oyedele | The outcomes of the Fed's meeting on Wednesday and the G20 summit next week are of market-moving importance to investors. Read More »

An under-the-radar market signal just crossed a crucial threshold. Here's how you can profit from the surprising shift. Christopher Competiello | Evercore ISI breaks down the recent convergence of stock and bond yields, and how to profit from the implications. Read More »

Pfizer just struck an $11 billion deal, and it marks an ambitious shift in the US drug giant's blockbuster cancer strategy Emma Court | Pfizer is buying the biotech Array BioPharma for $11 billion. Array makes 'targeted' cancer drugs designed to do a better job of fighting the disease. Read More »

A healthcare startup that works with Uber and Palantir just raised $205 million from investors led by SoftBank Vision Fund Lydia Ramsey | Collective Health covers workers at companies like Zendesk, Palantir, eBay, and Pinterest. It's now raised a total of $435 million. Read More »

Sizmek's contextual-targeting business is one bright spot for the bankrupt ad-tech firm, and a group of industry execs is spinning it out into a new company Lauren Johnson | Ad-tech veteran and former Pointroll CEO Mario Diez will lead the new company. Read More »

Facebook's marketing chief Antonio Lucio talks about how he plans to fix the dented brand, why he's using agencies for the first time, and what it's like to work at a founder-led company Tanya Dua | The social network's global CMO said the company needs to rebuild trust in the Facebook brand and restore value in its apps. Read More »

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