Goldman Sachs says it will exit Japan transaction banking

:Goldman Sachs Community Inc acknowledged on Friday it will exit transaction banking in Japan.

The monetary community will finish Goldman Sachs Financial institution USA Tokyo Division, whose sole reason used to be to enhance transaction banking in Japan, it acknowledged in an emailed statement.

“While final concerned about increasing transaction banking as a strategic precedence, we’re stepping support from constructing out this industry here in Japan,” Goldman Sachs acknowledged.

The exit used to be first reported by Bloomberg Records on Friday.