Goldman Sachs has announced a raft of leadership changes after creating a new division, which will focus on financing large deals and providing loans to corporate clients, according to an internal memo seen by Reuters on Monday.
Goldman (GS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Goldman Sachs' stock has surged 46% in a year, and despite potential interest rate risks, it may reach new 52-week highs in 2025. The global banking and asset management segments are key revenue drivers, with steady growth in investment banking fees and management fees. Analysts are optimistic, projecting EPS growth of 18% in 2025 and 13% in 2026, making Goldman Sachs' valuation attractive compared to peers.
Goldman Sachs is planning to combine three key groups in its global banking and markets unit, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Goldman Sachs (GS) is set to report fourth-quarter results before the market opens Wednesday, with analysts expecting revenue and net interest income growth.
GS is set to report fourth-quarter 2024 earnings. Here, we assess the factors that have influenced its performance and how investors should play this stock.
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Economists at Goldman Sachs have added their sixpenny worth to the gloomy headlines around the health of the UK's finances. Following Chancellor Rachel Reeves' tax raid, the Wall Street titan now sees the UK economy growing by 0.9% this year, compared to the official forecast of 2%.
Goldman Sachs has appointed Marco Paesotto and Edoardo Rava as co-heads of Investment Banking in Italy, the bank said on Friday.
Goldman Sachs (GS) closed at $580.02 in the latest trading session, marking a -0.02% move from the prior day.
Goldman Sachs Group Inc (NYSE:GS) is one of the many financial names scheduled to report earnings next week.
Goldman Sachs Group, Inc GS will release earnings for its fourth quarter, before the opening bell on Wednesday, Jan. 15.