What is the primary goal of moving the markets division into the wealth management business?
Goldman Expands Wealth Unit With Addition of Digital Bank

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To expand the customer base to include less affluent individuals
To reduce operational costs
To focus solely on ultra-high-net-worth individuals
To merge with JP Morgan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concern is raised about the brand in the context of expanding the customer base?
The brand might become too exclusive
The brand will merge with another company
The brand could be diluted
The brand will lose its logo
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might high-end Goldman customers react to the new strategy?
They might be offered exclusive deals
They might receive offers typically targeted at a broader audience
They might be indifferent to the changes
They might receive offers for luxury products
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role is David Solomon playing in the bank's restructuring?
He is reducing the workforce
He is focusing on mergers and acquisitions
He is putting his mark on the bank's structure
He is stepping down from his position
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current perception of the Marcus division's growth potential?
It is merging with another division
It is being phased out
It is considered a huge growth area
It is seen as a declining area
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