Bloomberg Goldman Sachs Group Inc. is building the next generation of dealmakers and investment bankers in a series of promotions, naming new leaders for mergers and acquisitions and other key businesses. In one of the highest-profile steps, the firm picked Stephan Feldgoise and Mark Sorrell to co-lead the global M&A practice. In equity-capital markets, David Ludwig will become global head ...

Bloomberg Morgan Stanley said it plans to eliminate the net carbon emissions generated by its financing activities within 30 years. The announcement came two months after the bank announced it would join the Partnership for Carbon Accounting Financials and start reporting the emissions resulting from its lending and investments. Morgan Stanley said in a statement that it will provide resources, ...

Bloomberg Staff at Danske Bank face a serious erosion of morale that could hit the lender’s business amid a string of scandals and the prospect of deep job cuts. “The average employee is just tired of all this,” said Kirsten Ebbe Brich, Danske employees’ representative on the bank’s supervisory board. It’s “affecting employee engagement and pride, their sense of connectedness ...