The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018.

Observers are questioning the rationale of the expected move, but say it could streamline the storied Wall Street firm.
The plans are expected to be announced on Tuesday alongside Goldman's third quarter earnings, which are forecast to show a sharp drop in net profit as dealmaking slowed.

Goldman is refocusing on its core business, said Marinac of Janney Montgomery Scott.
Marcus offers digital banking products such as loans, savings and certificates of deposit.

Marc Nachmann, the current global co-head of global markets, will move to help run the combined asset- and wealth-management arm, the report said.
Source: Investing.com
#Goldman