IllustrativeGoldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
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Goldman Sachs has secured $70 billion in asset management deals with Verizon and Lockheed Martin. The deals involve the management of retirement assets, including defined benefit and defined contribution investments, which will be outsourced to Goldman Sachs. The exact nature and scope of the deals are not fully clear, as some reports focus on the specific companies involved while others discuss broader trends in asset management.
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