Investment Banking

Goldman Sachs wants top staff to move to Salt Lake City, Dallas

The Wall Street bank has thousands of employees in lower-cost destinations, but wants to relocate more managers

Goldman Sachs wants more senior employees to base themselves in locations like Salt Lake City
Goldman Sachs wants more senior employees to base themselves in locations like Salt Lake City Photo: Jon G. Fuller/Getty Images

Goldman Sachs is asking senior staff to relocate to lower-cost destinations including Dallas and Salt Lake City as the Wall Street bank builds up large employee bases in the cities.

The US bank is telling staff in locations such as New York and London that they are needed in these locations, which have become hubs for back and middle office functions in recent years, according to Bloomberg.

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