Goldman Fires Transactional Banking Chief Over Lapses

Goldman Sachs is expanding its transaction banking unit, previously led by Harry Murthy, who was dismissed due to compliance issues. The bank emphasizes strict adherence to communication policies. Recent leadership changes include Philip Berlinsky, Akilah Rahman, and Luke Tabul. Despite its small revenue compared to Goldman's overall earnings, the unit is a focus for growth.

Who was the executive fired due to compliance lapses at Goldman Sachs?

• Philip Berlinsky

• Harry Murthy

• Akilah Rahman

• Luke Tabul

What is Goldman's general policy regarding communication?

• They take their communications policy very seriously.

• They allow flexible communication methods.

• They only use traditional communication methods.

• They have no specific policy.

Who is now leading the transaction banking unit at Goldman?

• Rajan

• Harry Murthy

• Bloomberg Street

• Philip Berlinsky

How much revenue did the transaction banking unit generate in the most recent quarter?

• More than $10 billion

• Less than $50 million

• Exactly $100 million

• Less than $90 million

What is the significance of the transaction banking unit within Goldman Sachs?

• It is not considered important.

• It is the oldest unit in the company.

• It is the largest revenue-generating unit.

• It is a small but growing part of the business.