Goldman Sachs Considers Selling Investment Advisory Arm
Goldman Sachs in the US is considering selling its investment advisory arm, which expanded after acquiring United Capital in 2019, for $750 million.
The move confirms the bank’s efforts to limit its interests to wealthy clients whose wealth exceeds at least $20 million.
Goldman Sachs is listing for sale this year GreenSky’s online lending arm, which it acquired in 2021 as part of the abandonment of previous plans to provide banking services to as many users as possible.
