Private Banker International

Goldman Sachs has automated its retail investor voting options, streamlining how individual shareholders cast proxy votes, according to Private Banker International. The move brings retail clients voting capabilities typically reserved for institutional investors and reflects banks' broader push to digitise shareholder services. Details on rollout timing and affected markets were not provided.

Goldman Sachs has launched a retail voting initiative, per Private Banker International. Details on how the scheme will work or which clients it targets were not immediately provided. The move points to growing attention on retail investors' say in corporate governance, and it is likely to draw scrutiny of how the bank will represent small shareholders' votes.