David Dase knew shifting to Atlanta would not be simple.
The Goldman Sachs spouse had spent a lot of his just about 25 years on the company orchestrating offers in america’s busiest monetary hubs — New York and San Francisco — the place the funding financial institution used to be entrenched in company boardrooms of the sector’s maximum vital firms.
Atlanta, by way of comparability, used to be unmapped territory. The financial institution had a small presence of wealth managers and strong point lenders, however no bankers at the floor growing relationships with the area’s intensive but much less visual roster of businesses.
“You’re starting from scratch,” Dase instructed Business Insider. “It takes a lot of time and investment.”
But Dase wasn’t being banished from Goldman’s energy facilities; to the contrary, he used to be being entrusted to lead the rate on a brand new initiative that Goldman has been telling buyers will lend a hand generate $500 million in new investment-banking earnings.
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