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Goldman's biggest deal in two decades; Metro raises more than planned

May 20, 2019 - American Banker
Board and Executive Moves

Receiving Wide Coverage ...

Goldman makes a moveAs expected, Goldman Sachs formally announced that it is buying boutique wealth-management firm United Capital Financial Advisers for $750 million in cash, "striking its biggest deal in two decades as it acceleratesa push away from Wall Streetinto lower-octane businesses."

"Goldman's new chief executive, David Solomon, is pushing the firm to be more diversified and dependable, less a Wall Street powerhouse and more a financial supermark...