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Goldman Sachs reportedly names Paul Camp as new head of transaction banking | Fintech InShorts: Latest fintech news, analysis by experts

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

By Laura M

December 12, 2023

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

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