Goldman Sachs names former Fed Dallas chief Kaplan as vice chairman [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
Reserve of Dallas, as its vice chairman, bringing an influential banker on to its management committee. Kaplan will give strategic advice to the Wall Street firm's clients globally, working closely with its teams across global banking and markets, and asset and wealth management, the bank said in a statement. Kaplan, who had earlier spent more than two decades at Goldman Sachs, "brings a wealth of knowledge, deep relationships and significant global leadership expertise to his role as vice chairman," CEO David Solomon said in a statement. Goldman Sachs last year brought back to its fold senior banking executive Tom Montag, adding him to its board as the Wall Street giant looked to regain lost ground after its ill-fated foray into consumer banking. The bank in recent months has also seen high-profile departures including Stephanie Cohen, who had headed its consumer and fintech unit, Jim Esposito, co-head of global banking and markets and Julian Salisbury, an asset management ex
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