This week, Goldman Sachs is hosting its board meeting in India for the first time in over a decade.
Goldman Sachs' board is gathering in India this week, according to a «Bloomberg» report citing unnamed sources, with chief executive David Solomon leading a visit to Bengaluru and Delhi. This marks the first time the board met in India since 2012, under predecessor Lloyd Blankfein in Mumbai.
Goldman Sachs Services in India is the US lender's second largest office after New York with tech centers in Hyderabad and Bengaluru, housing around 9,000 employees.
«As a reflection of increased opportunities, our board is meeting in India. We decline to comment on any market speculation about their agenda,» said a spokesperson for the bank.
