People are complacent about risk of financial crisis, says Lloyd Blankfein
Former Goldman CEO says finance industry should plan as though another 2008-style meltdown is coming
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We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn
Goldman Sachs expands size of management committee
Bank elevates global heads of M&A and risk for investment banking and trading
Goldman’s big board bet
Bank’s management committee has swelled to a much larger size than those of its competitors
Private credit won’t spark the next financial crisis
A lower leverage ratio and limited links to banks mean that the sector is unlikely to pose a systemic threat
Beware the three Ls: leverage, liquidity and lunacy
In the long run bubbles always deflate, often when least expected
Goldman Sachs bankers explore limits of AI: ‘The risk is over-reliance’
One partner explains the efficiencies and limitations of new tools