Goldman Sachs ramps up Geneva office as it targets wealthy

Goldman Sachs is ramping up its Geneva office aiming to expand its staff from 5 to 25 in the next three years in a vote of confidence in the city, Le Temps reported, citing an interview with the bank's Swiss head.Goldman Sachs is taking an office move within the Swiss city as an opportunity to include asset and wealth management in its offering, beside its flagship investment banking and securities services. The wealth managers will target customers with at least $10m to invest and each will handle 25 to 40 clients, The move comes after Goldman Sachs reopened Geneva last year after sh...