Goldman Sachs Trade-From-Home
TOKYO -- On May 21, Makoto Ito, head of the capital markets division at Goldman Sachs Japan, logged into Zoom on his computer at his Tokyo home.
Using a high-security account for Goldman employees, he began sending directions to a team of about a dozen people to begin a 310 billion yen ($2.87 billion) sale of shares in wireless carrier SoftBank Corp.
The Goldman group worked until the day of the SoftBank deal to set up a framework to coordinate with the 60-member sales team, using a wide range of communication methods including internal messaging systems and phone calls. The investment banking division kept in contact via Zoom to provide updates.
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