Goldman to sell stake of pension arm

August 9, 2013 | Last updated on August 9, 2013
1 min read

Goldman Sachs Group announced yesterday it will likely sell a majority stake in its European insurance unit over the next year, reports The Wall Street Journal.

WSJ adds the pension-focused business is called Rothesay Life and finds it had $9.66 billion in assets as of June 2013. Read more.

Also check out:

Advisor worked at Goldman for 80 years; still working