Goldman Sachs expands wealth management in Saudi Arabia, targeting ultra-rich
RIYADH: Goldman Sachs is expanding its wealth management division in Saudi Arabia, the bank said, as global financial firms increase their presence in the Middle East’s largest economy.
The New York-based banking giant has launched the first phase of its private banking services locally, Al-Eqtisadiah reported. The expansion will enhance operations from its Riyadh office, where the US lender has maintained a presence for over a decade.
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