Goldman Sachs Boosts Bet on London to Target World’s Rich
- Bank has hired at least nine advisers in the U.K. this year
- Wall Street firm looks to boost wealth-management business
The U.K. headquarters of Goldman Sachs Group Inc. in the City of London.
Photographer: Tom Skipp/BloombergThis article is for subscribers only.
Goldman Sachs Group Inc. is expanding its private-banking team in London as it builds out operations targeting the world’s ultra-wealthy.
The New York-based bank has hired at least nine private-wealth advisers in the city this year from rivals including Barclays Plc, Julius Baer Group Ltd. and Union Bancaire Privee.