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Goldman Sachs CEO David Solomon's Committee Move Sparks Dissatisfaction, Top Investment Bankers Mull Departure: Report
Thursday, February 22, 2024 - 5:14am | 679Two of Goldman Sachs Group Inc‘s (NYSE:GS) top investment bankers are reportedly considering leaving the firm. The bankers are allegedly unhappy about being left out of a new operating committee set up by CEO David Solomon. What Happened: The exclusion of Mark Sorrell and Gonzalo Garcia from...
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Goldman Sachs Is Prepared For Potential Recession: CEO Says Rates Could Climb As Inflation Persists
Monday, June 12, 2023 - 12:15pm | 467Goldman Sachs Group Inc (NASDAQ: GS) CEO David Solomon acknowledged Monday the U.S. economy has held up better than he predicted, but he doesn't believe we are out of the woods yet. What Happened: The economy is still in an uncertain period, the CEO said in a...
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Goldman's CEO Admits There's 'More Work To Do' Amid Struggles, Eyes New Strategy To Supercharge Growth
Tuesday, February 28, 2023 - 1:01pm | 607Goldman Sachs Group Inc (NYSE: GS) is shifting its focus to asset and wealth management as it expects those areas to be the main drivers of growth in the coming years. What To Know: For the first time in about 150 years, Goldman Sachs is hosting an in-person analyst day to give...
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Goldman Sachs Boss Predicts Recession, Warns Risk-Based Businesses: 'Time To Be Cautious'
Tuesday, October 18, 2022 - 11:37am | 530Goldman Sachs Group Inc. (NYSE: GS) CEO David Solomon is the latest high-profile executive to issue a dour economic forecast. Most experts agree that the Federal Reserve's battle against inflation — rising prices as a result of geopolitical events such as the war in Ukraine — and...
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Why Goldman Sachs Stock Is Trading Higher
Monday, July 18, 2022 - 8:45am | 216Goldman Sachs Group Inc (NYSE: GS) shares are trading higher Monday after the company reported better-than-expected financial results. Goldman Sachs reported second-quarter revenue of $11.86 billion, which beat the estimate of $10.96 billion, according to data from Benzinga Pro. The...
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'Wait Until The Interview To Make A Decision': Peloton CEO Will Be On Cramer's 'Mad Money' Tonight
Wednesday, February 23, 2022 - 1:05pm | 307Peloton Interactive Inc (NASDAQ: PTON) is looking to turn things around after seeing its stock fall more than 75% over the last year. The connected fitness company cut back production of some of its products as a result of waning consumer demand, trimmed 20% of its workforce and hired...
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Why Goldman Sachs Shares Are Falling Today
Tuesday, January 18, 2022 - 10:45am | 207Goldman Sachs Group Inc (NYSE: GS) is trading lower Tuesday morning after the company announced worse-than-expected fourth-quarter earnings results. Goldman Sachs reported quarterly earnings of $10.81 per share, which came in below the estimate of $11.73 per share. The company reported...