Big news from Goldman Sachs! They just picked two people to lead a super important part of their business. It's all about helping companies sell their shares to the public for the first time. This is like when a company goes from being only owned by a few people to being owned by many people who buy its stock.
- Goldman Sachs is a giant bank on Wall Street.
- They appointed William Connolly and Michael Voris to lead their Equity Capital Markets (ECM) team in America.
- ECM helps companies sell parts of their business (shares/stock) to lots of people.
- This is a big deal because many companies are going public right now.
| What happened | Details |
|---|---|
| Goldman Sachs's move | Appointed new leaders for Equity Capital Markets (ECM) |
| ECM | Helps companies sell stock to the public. |
| Significance | Many companies are going public, so ECM is a hot area. |
