BankingBusinessFinTech

Goldman Sachs reportedly names Paul Camp as new head of transaction banking

  • 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
Previous article
Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs
Next article
Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Deutsche Börse Invests in Kraken, Strengthening Crypto Market Position

The investment aims to enhance Kraken's offerings and expand market access.Highlights: Deutsche Börse invests in Kraken to boost...
FinTech

Monzo Strengthens Presence by Going Live in Ireland

UK-based digital bank Monzo expands offering to Irish customers.Highlights: Monzo has officially launched its banking services in Ireland.Irish...
FinTech

Monzo Launches its Services in Ireland to Strengthen Banking Options

UK challenger bank expands its reach into the Irish market.Highlights: Monzo begins operations in Ireland, offering a range...
FinTech

OpenAI Acquires Financial Planning App Hiro

The acquisition aims to enhance OpenAI's financial capabilities.Highlights: OpenAI has acquired Hiro, a financial planning application.The deal emphasizes...