SECURITIES INDUSTRY

Goldman Sachs Studies Possible Relocation: Venerable investment banking giant Goldman, Sachs & Co. has told employees it is evaluating a possible headquarters relocation to the suburbs, the latest Wall Street giant to reassess New York as a home base. Goldman, one of the most respected and profitable names in the nation’s financial capital, emphasized in an internal memorandum Aug. 12 that the evaluation was part of a routine review. It said alternative sites would be examined in neighboring New Jersey, Connecticut and Westchester County, N.Y.