Goldman Sachs surrenders Irish banking license

Goldman Sachs Group is surrendering its Irish banking license following the sale of the company’s hedge fund administration unit, which operated in the country, to State Street last year.

21st January, 2013

Goldman Sachs Group is surrendering its Irish banking license following the sale of the company’s hedge fund administration unit, which operated in the country, to State Street last year.

“Our Irish business will continue to focus on serving the needs of clients through its financing business, securities offering, advisory and private wealth management businesses, as well as its suite of” Irish-domiciled Goldman Sachs Asset Management funds, the company said in an e-mailed response...

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