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Goldman’s end-of-year hiring spree needs to pay off

Renewed investment in people is an attempt to turn around the bank's floundering fixed income division

Goldman’s end-of-year hiring spree needs to pay off
Photo: Getty Images

Goldman Sachs called in the cavalry in the second half of 2017, bringing in senior sales staff, coverage bankers and, importantly, technologists as it attempts to revive revenues in its struggling fixed income, currencies, commodities (FICC) business.

Pressure is mounting for the investment to pay off.

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