Goldman Management Shakeup Expected Over Next Year - Fox Business's Gasparino

People close to and within Goldman Sachs Group Inc. (GS) expect a "fairly significant shakeup" in top management at the firm over the next year, Fox Business Network's Charlie Gasparino reported Monday. There has been some talk, Gasparino said, about Chief Executive Lloyd Blankfein either eventually leaving Goldman or giving up his chairman position. Gary Cohn, the firm's chief operating officer and president, has told some Wall Street executives he would like to resign from Goldman if he could, but doesn't plan on leaving until the firm is finished dealing with several regulatory issues, Gasparino previously reported. Goldman spokesman Lucas van Praag said that "Blankfein and Cohn aren't going anywhere" and that Cohn has no plans to leave the firm, according to Gasparino's previous report.
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Posted In: NewsManagementMediaCharlie GasparinoFinancialsFox Business NetworkInvestment Banking & Brokerage
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