Financials Down As Traders Hedge On Rates -- Financials Roundup

Banks, lenders and other financial companies ticked down as traders hedged their bets on the outlook for interest rates.

Goldman Sachs named David Friedland as global head of a group that provides deal advisory services to private-equity firms, pension funds, family offices and other investors.

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Blackstone hired Chris Blunt, former president of New York Life's investing unit, to spearhead a unit that would manage investments for insurers.

--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

January 08, 2018 16:34 ET (21:34 GMT)