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Goldman Sachs Private Wealth Management arm opens new office in Monaco -Breaking

by Mike Robinson

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© Reuters

PARIS (Reuters), Wall Street Bank Goldman Sachs (NYSE ) stated that the Private Wealth Management section of Goldman Sachs had opened a new Monaco office as part its European expansion plans.

Goldman Sachs said it has hired Thibaut Lambert, Arnaud Cassin and Serge Olive for the new Monaco office.

Goldman Sachs stock shares plunged last month as Wall Street’s leading investment bank fell short of its quarterly profit forecasts. The decline was caused by falling trading revenues and increasing costs.

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