The Utah city, ringed by picturesque mountains, is 2,000 miles from Wall Street, but it feels even further than that. Bars shut early, coffee is frowned upon, families devote time to praying together, and stricter Mormons discourage mothers from paid work.
When the world’s biggest investment bank, Goldman Sachs, holds its annual shareholder jamboree this week, it will not be in the financial centres of New York or London, where most of its traders work. It will be in Salt Lake City, home of the Church of Jesus Christ of Latter-day Saints and the largest Mormon population in the world.
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