(FILES) This file photo taken on November 14, 2009 shows a plaque for investment banking giant Goldman Sachs in Hong Kong. Goldman Sachs on January 30, 2017 joined the growing list of big US companies criticizing President Donald Trump's executive order suspending entry into the United States by people from seven predominantly Muslim countries. Lloyd Blankfein chief executive of Goldman Sachs, which has provided several senior Trump administration officials, sent a voice mail to employees Sunday night outlining his concerns, according to the text of the call obtained by AFP. / AFP PHOTO / RICHARD A. BROOKS
NEW YORK: Technology whizzes who helped Goldman Sachs eliminate hundreds of trading jobs over the past few years are venturing into the bank's flagship M&A business, making some junior bankers uneasy.
A team of 75 programmers, internally referred to as "strats," has been developing technology to make Goldman's elite dealmakers more productive. That team within investment banking has doubled in size since 2014, when long time tech banker George Lee was appointed chief information officer for the investment banking division.
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