Goldman Sachs' unemployment forecast suggests that the BLS will report the unemployment rate rose again in November to 4.5%.
Goldman Sachs' consumer credit division lost $1.2 billion in nine months last year, and the losses were primarily related to the Apple Card. Goldman's collection of businesses, known as Platform ...
The Wall Street bank posted a net earning of $1.33 billion, or $3.32 per share, on $10.59 billion in revenue for the three months ended December. The quarterly profit was only a third what it was a ...
Goldman Sachs CEO David Solomon will take home 30% less pay in in 2022 after a tough year for the investment bank that saw its stock price drop by 10% and its net earnings drop by $10.4 billion from ...
The nascent reorganization of Goldman Sachs is going through a rocky phase in which the company is cutting back its digital consumer bank after absorbing billions of dollars in losses. Last week, ...
Goldman Sachs reported weak fourth-quarter results for 2022, as net revenue continued its downward trend and expenses remained high. The company reported net income to common shareholders of $1.19 ...
Goldman Sachs posted its lowest annual profit since 2019 following losses from a failed expansion into consumer banking — one of two Wall Street giants along with Morgan Stanley that reported a hit to ...
Goldman Sachs CEO David Solomon took a salary cut in 2022, making just $25 million in compensation. His performance-based pay fell by about 30% from $35 million in 2021. Solomon's annual base salary ...
Goldman Sachs' commodities traders pulled in $3 billion in revenue in 2022, Bloomberg reported Thursday, marking a near-record performance. Traders profited from big prices swings for energy, metals ...
Goldman Sachs is restructuring its influential technology, media, and telecom (TMT) investment banking group with an eye ...