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Thursday, nov 7
Tag:
Asset Management
News
Covid-
19: Goldman Sachs Eyes Move To Florida In Latest Business Blow To NY Amid Pandemic
Goldman Sachs may be the latest New Yorker to head for sunnier pastures down in Florida. The financial heavyweight reportedly has plans to set up one of its key divisions in Florida, dealing a financial blow to New York as it continues contending and combating the COVID-19 pandemic. According to reports, executives have been eyeing locations in south Florida to potentially house their asset management division in an effort to cut costs and save money by getting out of the Empire State. It is unclear how much of the business, which generates billions in New York, may move. “With all due r…