- Goldman Sachs appoints Paul Camp as head of transaction banking
- Executives, including former head Hari Moorthy, were fired in September for communications policy violations
- Interim leadership: Philip Berlinski, Akila Raman, and Luc Teboul
- Camp to manage day-to-day operations with support from Raman and Teboul
- Camp, previously at Wells Fargo and BNY Mellon, was tasked with expanding the unit
- Goldman Sachs continues to shift away from retail banking, selling personal financial management business and GreenSky
- Speculation about Apple ending credit card and savings account partnership with Goldman Sachs
- Reports suggest potential sale of Goldman Sachs’ credit card program with General Motors to a new issuer
