Report: Goldman Sachs Struggles as It Tries to Exit GM Card
Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending space, a departure that a Tuesday (Sept.
Goldman Q3 Trading Revenue View Weak Amid Slow Fixed-Income Markets
GS' third-quarter trading revenues are likely to decline 10% due to a sluggish macro environment.
Goldman Sachs stock drops 4% as CEO David Solomon warns of weak trading
The price of a share in the bank fell by just over $19 the day after its chief executive spoke to an investor conference in New York.
Goldman Sachs CEO says bond and currency trading is down 10% in the current quarter from a year ago
JPMorgan stock also falls on drop in activity in the current quarter, mostly due to weak bond trading.
Goldman CEO Solomon Expects Trading Revenue Drop in Third Quarter
Solomon blamed the decline on a challenging macroeconomic backdrop, especially during August.
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a conference that by unloading Goldman's GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues next month.
Goldman Sachs CEO says trading revenue is heading for a 10% slide in 3Q
Goldman Sachs' trading revenue will probably slip 10% in the third quarter because of sluggish conditions last month, its CEO David Solomon said on Monday.
Why Goldman Sachs (GS) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
Goldman Sachs Recommends These 3 Growth Stocks As Strong Buys in September
Among the Wall Street firms investors often pay closest attention to, Goldman Sachs (NYSE:GS) has to be atop the list.
Brokers Suggest Investing in Goldman (GS): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Goldman Sachs (GS) Declines More Than Market: Some Information for Investors
In the closing of the recent trading day, Goldman Sachs (GS) stood at $487.88, denoting a -0.56% change from the preceding trading day.
Goldman Sachs (GS) Advances While Market Declines: Some Information for Investors
In the most recent trading session, Goldman Sachs (GS) closed at $490.64, indicating a +0.65% shift from the previous trading day.
