Goldman Sachs announces expansion plans, to add 2K jobs

Hyderabad: Goldman Sachs, the American international banking and financial behemoth, has announced an expansion of its activities in Hyderabad, including the opening of a new eight-story building and an increase in personnel strength to 3,000.

The decision was announced following a meeting between IT and Industries minister K T Rama Rao
and the leadership team of Goldman Sachs led by its Chief Administrative Officer, Ericka Leslie, at their New York office.

Goldman Sachs’ investment will help the banking, financial services, and insurance (BFSI) industry in Hyderabad grow even further, a press release said.