Goldman Sachs Group Inc. (GS) is combining its retail and health-care investment banking group, Bloomberg News reported Wednesday.

The co-heads of the bank's retail group, Kathy Elsesser and Francois-Xavier de Mallmann, along with the head of the health-care group, Marshall Smith, will lead the combined group, the bank confirmed to Bloomberg.

Full story at: www.bloomberg.com/news/2014-06-25/goldman-merges-health-retail-investment-banking-groups.html?cmpid=yhoo

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