Goldman Sachs Doubles Down on Efforts to Attract Super-Rich

Goldman Sachs is reportedly increasing its efforts to court ultra-rich clientele.The banking giant has been more focused on lending to private wealth customers — those with an average of $60 million deposited, The Wall Street Journal (WSJ) reported Sunday (Jan. 14).In addition, the report said, loans to clients such as hedge funds are on pace to generate the highest revenue for Goldman’s trading partners in at least three years.All told, Goldman’s loans and lending commitments outstanding, not including con ...