Goldman Sachs has undergone a big shake - up in its securities and investment banking divisions , most notably , Jim Esposito , who will now be Chief Strategy Officer of the securities business of the bank . Goldman Sachs Group Inc. appointed one of its top financing bankers to a new role helping to plot the strategy of its trading businesses. The securities division houses securities sales and trading , which is considered to have been struggling recently ; due to this , the role is considered to be of critical importance .
Goldman Sachs has undergone a big shake - up in its securities and investment banking divisions , most notably , Jim Esposito , who will now be Chief Strategy Officer of the securities business of the bank . The securities division houses securities sales and trading , which is considered to have been struggling recently ; due to this , the role is considered to be of critical importance .