Goldman Sachs to Fire 12 Percent of Investment Bankers. (24-MAY-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Goldman Sachs to Fire 12 Percent of Investment Bankers.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 24-MAY-01

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Byline: Judith Schoolman

May 24--In a sign the corporate merger business is likely to keep slowing, Goldman Sachs said yesterday it will fire 12 percent of its investment bankers.

The prominent Wall Street brokerage, one of the most active merger advisers and stock underwriters so far this year, said...

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