The brand for Goldman Sachs is noticed at the buying and selling ground on the New York Inventory Trade (NYSE) in New York Town, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/Report Photograph Achieve Licensing Rights
Oct 26 (Reuters) – Goldman Sachs (GS.N) on Thursday introduced an institute to supply its shoppers insights on geopolitics and generation, in step with an inside memo noticed by way of Reuters.
The Goldman Sachs World Institute can be led by way of Jared Cohen and George Lee, companions on the U.S. banking heavyweight, the memo stated.
Excluding Goldman Sachs, impartial funding company Lazard (LAZ.N) has been advising its shoppers on geopolitical dangers.
Russia’s invasion of Ukraine final yr and the continuing struggle within the Center East have put the highlight on geopolitics, because it poses dangers for home in addition to global corporations with international presence.
The Goldman Sachs World Institute will spouse with leaders throughout companies to interact with shoppers on a spread of subjects from the U.S.-China courting, conflicts in Europe and the Center East and moving provide chains, the memo added.
Reporting by way of Jaiveer Singh Shekhawat and Niket Nishant in Bengaluru; Modifying by way of Shilpi Majumdar
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