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The Times & The Sunday Times
The Times & The Sunday Times
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Golden days for shares in Goldman

Robert Miller
The Times
Gary Cohn has been named as the next director of the National Economic Council
Gary Cohn has been named as the next director of the National Economic Council
EVAN VUCCI/AP
Robert Miller
The Times

The spread of Goldman Sachs’s influence and the rise in its fortunes show no signs of waning.

Despite spending his year on the campaign trail lambasting the US investment bank, Donald Trump has tapped up its senior executives to join his administration.

First, the president-elect chose former Goldman partner Steven Mnuchin as Treasury secretary.

This week Gary Cohn was named as the next director of the National Economic Council.

Last night in New York Goldman shares neared their 2007 high of $247.92, up 1.3 per cent to $243.

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“We’ve got Goldman Sachs people in every major market,” Mr Cohn said in an in-house message after his departure was announced.