Goldman Plans Hiring Spree To Fix Lapses Amid Fed's Scrutiny
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs (GS) is planning a hiring spree to address regulatory lapses that have come under scrutiny from the Federal Reserve, according to Bloomberg. The bank is looking to hire compliance and risk professionals to strengthen its controls and procedures.
August 17, 2023 | 6:25 pm
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Goldman Sachs' plan to hire more compliance and risk professionals could strengthen its controls and procedures, potentially improving its standing with the Federal Reserve.
The hiring spree indicates Goldman Sachs' commitment to addressing its regulatory issues, which could improve its relationship with the Federal Reserve. This could potentially lead to a positive impact on its stock in the short term.
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