Scott Rubner, a managing director in the derivatives sales and macro execution team at Goldman Sachs, has left the investment bank, a source familiar with the matter told Reuters on Monday. Rubner had joined the Wall Street giant in 2015.

Move from New York to Dallas or Salt Lake City. Leave London behind. At Goldman Sachs Group Inc., some staffers will be getting a choice — and for many, not a welcome one.

Scott Rubner, Goldman Sachs Group Inc.’s managing director for global markets and tactical specialist, has left the bank after almost a decade at the firm, according to a person familiar with the matter.

Wall Street investment bank Goldman Sachs (GS) is planning to cut up to 5% of its global workforce with a focus on its vice presidents.Discover

The outlook for the U.S. economy this year isn’t so rosy anymore. Goldman Sachs Chief Economist Jan Hatzius cut his 2025 U.S. GDP growth forecast to 1.7%, pointing to the impact of tariffs on the economy and consumers.

Goldman Sachs on Monday downgraded its 2025 projection for U.S. economic growth to 1.7% from 2.4%, citing its outlook on the Trump administration's trade policy for the cut. Goldman said its trade policy assumptions have “become considerably more adverse,