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Search resuls for: "Akila Raman"


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REUTERS/Andrew Kelly Acquire Licensing RightsNEW YORK, Sept 13 (Reuters) - Goldman Sachs (GS.N) fired several executives in its transaction banking unit after they violated the firm's communications policy, according to a memo seen by Reuters on Wednesday. Philip Berlinski, the bank's treasurer, will take over day-to-day management of transaction banking alongside Akila Raman and Luc Teboul. The fired executives also failed to cooperate with Goldman Sachs' compliance department. The bank remains strongly committed to the transaction banking business, it said. Goldman Sachs was among the first wave of big banks regulators hit with stiff penalties for such recordkeeping failures.
Persons: Goldman Sachs, Andrew Kelly, Philip Berlinski, Akila Raman, Luc Teboul, Berlinski, Hari Moorthy, Moorthy, Saeed Azhar, Chris Prentice, Leslie Adler, Lananh Nguyen, Josie Kao Organizations: REUTERS, Reuters, FINRA's, Wall Street, Thomson Locations: Manhattan , New York, U.S
NEW YORK, Feb 2 (Reuters) - Goldman Sachs Group Inc (GS.N) has appointed Akila Raman as chief commercial and strategy officer of transaction banking within its newly formed Platform Solutions unit, according to an internal memo seen by Reuters on Thursday. Raman joins the unit from within the bank, where she recently served as chief operating officer of investment banking, the memo said. It also swept parts of the business into a new unit called platform solutions, which houses transaction banking, credit cards and financial technology. Platform Solutions suffered a net loss of $1.67 billion last year, the bank said, due to higher provisioning for potential bad loans. ETF Accelerator, which is headed by Lisa Mantil, also became part of Platform Solutions recently.
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