Goldman reviewing conflicts policies for M&A bankers

Other Wall Street banks are also looking at their processes for managing potential conflicts on deals

Goldman Sachs is considering strengthening internal rules, including on disclosing bankers' personal financial holdings to clients, after being criticised in a recent court opinion because of a deal maker's potential conflict of interest in a large transaction.

Goldman's review - and similar initiatives by some of its rivals - could provide companies with greater transparency on the financial interests of the bankers they hire to advise on takeovers.

WSJ Logo