Friday, November 29

Goldman Sachs profit plunges on impact from fintech sale, realty bets

Goldman Sachs reported a decrease in profit for the third quarter due to a write-down on its GreenSky fintech business and real estate investments. The bank's net profit was $2.06 billion, lower than the $3.07 billion from the previous year. CEO David Solomon is refocusing the firm on investment banking and trading, and aims to expand in asset and wealth management.
  • News Source Indiatimes (Click to view full news): CLICK HERE
  • Share:

0 Comments:

Leave a Reply

Your email address will not be published. Required fields are marked *

Format: 987-654-3210