Bloomberg Goldman Sachs Group Inc enlisted another investment banker in the effort to revive its trading unit. Marc Nachmann was named co-head of the firm’s trading division, replacing Marty Chavez, who will leave the firm at the end of this year. Nachmann, a 25-year veteran of the firm, has been co-head of the investment banking business since 2017. David Solomon, ...

Bloomberg Argentine banks are willing to pay top dollar to hold onto their customers’ greenbacks. As the country’s financial crisis deepens, savers are withdrawing their dollar deposits from their accounts. But the banks are striving to retain them by paying the highest returns in more than 3 years, while the Central Bank adopts measures to provide liquidity and guarantee supplies ...

Bloomberg Two former London investment bankers appeared in court in Germany’s first trial targeting a complex trading strategy that racked up massive tax losses for the nation’s treasury. The British men, who can only be identified as Martin S, 41, and Nicholas D, 38, appeared in a court in the city of Bonn, charged with helping to orchestrate so called ...