The sector can be “better kept in other people’s hands and we might be a minority ownerâ€
The sector may be “better held in other people’s hands and we can be a minority owner†after global capital rules take effect, Harvey M.
Schwartz, who is set to end up being chief financial officer this month, said now on a conference call after New York-based Goldman Sachs reported fourth-quarter results.
It was the first time the bank disclosed the contribution of its Goldman Sachs Reinsurance Group.