Goldman Sachs readies layoffs in Aussie funding banking group

Goldman Sachs’ Australian outpost posted $US137.4 million in funding banking charges, sliding from the highest spot to #3, in accordance with knowledge compiled by Refinitv. Throughout the 12 months it ceded the highest spot in M&A advisory to Barrenjoey and tumbled from being the number one financial institution for ECM offers to the ninth place, as offers shifted away from big-ticket IPOs and raises to smaller corporations which are the area of mid-tier brokers.

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