financial profiling

Goldman Sachs Will No Longer Clear Trades For Anyone With Less Than Five Million

Because while it’s all well and good to throw the little people a bone every now and again, you’ve got to have standards: “We are conducting a routine analysis of our business and in some cases the profile of clients was not consistent with our current standards and criteria,” a spokesman explains. [Bloomberg]

Goldman Sachs Will No Longer Clear Trades For Anyone With Less Than Five Million