Goldman Sachs buys investment group Industry Ventures for $1bn
Move deepens Wall Street bank’s asset management business
Move deepens Wall Street bank’s asset management business

CEO David Solomon targets asset management in an effort to reduce group’s reliance on banking and trading

Bank elevates global heads of M&A and risk for investment banking and trading

Wall St bank and T Rowe Price team up to pitch private investments to everyday investors

Tie-up marks push to pitch private investments to everyday investors

Investment bank has secured its dominant position as megadeals rebound

Bank’s management committee has swelled to a much larger size than those of its competitors