Business

Goldman Sachs reportedly plans hiring spree to fix lapses following fed probes

A fresh bout of US regulatory scrutiny is setting off a hiring spree at Goldman Sachs, Bloomberg News reported Thursday, citing people with knowledge of the matter.

The Wall Street bank is enlisting several hundred new staffers to help address concerns from authorities including the Federal Reserve, according to the report.

Goldman Sachs sign
Goldman Sach is enlisting several hundred new staffers to help address concerns from authorities. Reuters
Goldman CEO David Solomon
The Wall Street bank is enlisting several hundred new staffers to assist in addressing concerns. REUTERS

“We are not permitted to comment on any supervisory matters related to our regulators. Therefore we are not able to comment on these reports,” Goldman Sachs said in a statement.

A spokesperson for the Federal Reserve declined to comment on the matter.