Goldman Sachs Anticipates Market Recovery, Chief Japan Economist Departs, Wells Fargo Hires Telecom Banker, JPMorgan CEO Sells Shares

Goldman Sachs experiences a market downturn in 2022 but anticipates a market recovery. The firm's chief Japan economist, Naohiko Baba, is leaving after over a decade. Wells Fargo hires David Kase from Barclays to strengthen its investment banking franchise. JPMorgan CEO Jamie Dimon sells 1 million shares of JPMorgan stock for diversification and tax planning purposes.