Goldman Sachs CFO Marty Chavez on Tuesday provided a window into the dramatic shift taking place across Wall Street as technology touches everything from trading to investment banking. The CFO's comment, made during a second quarter earnings call with analysts, suggests that the firm is beginning to move away from a decades-old focus on the compensation ratio. The significance of the comment cannot be overstated at a firm where the ratio has been a key metric, both for insiders as well as...
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