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He said that Goldman had been one of the "most respected of the investment banks, and very serious about avoiding conflicts of interest and serving client needs".
It is also responsible for serving client relationships.
Its principal goal is client satisfaction, serving client interests as an ally and loyal business partner.
Similar(55)
Were other Goldman traders essentially making proprietary bets in the process of serving clients?
If you are a dominant bank, there is no downside for serving clients badly.
But Goldman is hardly unique when it comes to walking the fine line between serving clients and taking positions.
"This business is all about serving clients, and if you don't evolve, you die," said Lucas van Praag, a Goldman spokesman.
I am able to concentrate on serving clients and don't spend a lot of time on administrative duties.
"It turned into a business with a bottom-line approach rather than a business about serving clients," he said.
His New Rochelle outlet — an investment of $250,000 — began serving clients in July, and his second just opened in Rye Brook.
Prostano and Manning have separate teams of advisors serving clients above and below the $25 million mark.
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