The Real Winner in Goldman’s Management Reshuffle
Lloyd Blankfein remains firmly ensconced as chief executive and appears likely to stay
A new cast has taken center stage at Goldman Sachs Group Inc., but the leading man is the same.
While Goldman this week underwent its most dramatic management reshuffling in a decade, Lloyd Blankfein remains firmly ensconced as chief executive—and appears likely to stay, having outlasted an impatient deputy and effectively restarted the clock on his new successors-in-waiting.
That means Goldman’s strategy isn’t likely to...