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Goldman Sachs mulls shift into trade finance

US bank has been hiring for the push and has reorganised hundreds of employees into a new division

Goldman Sachs mulls shift into trade finance

In the post-crisis world, Goldman Sachs is not seeing the growth it wants from the businesses for which it is best known - investment banking, trading and managing money for the wealthy - so it is considering expanding into new areas, including trade finance, The Wall Street Journal reports.

The US bank has for several years been branching out into financing corporate takeovers, lending against mansions and art, and making personal loans.

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