The intro music was saxophone classic Take Five, but Goldman Sachs’ presentation at the Barclays Global Financial Services Conference in New York on Tuesday was all about Add Five – the $5 billion of incremental annual revenues it thinks it can rustle up by 2020.
The big story heading into the presentation by co-COO Harvey Schwartz was what Goldman was planning to do to fix its underperforming FICC business, but Goldman didn’t see it like that at all.
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