Goldman Sachs profit sinks on impact from fintech sale Goldman Sachs' profit fell in the third quarter, weighed down by a writedown on its GreenSky fintech business and its investments in property. Business • 17 Oct
Goldman profit slides to 3-year low on consumer losses Goldman Sachs Group reported a bigger-than-expected drop in second-quarter profit as a retreat from consumer businesses and declining investment values took a toll on the … Business • 19 Jul
Goldman Sachs Q1 profits falls as dealmaking slows Goldman Sachs Group's first-quarter profit dropped as the worst three months for dealmaking in more than a decade eroded the Wall Street giant's fees from … Business • 18 Apr
Goldman Sachs cuts CEO's pay to $25m Goldman Sachs Group slashed compensation for its Chief Executive Officer David Solomon by 29% to $25 million for 2022, the bank said in a filing … Business • 27 Jan
Stripe hires Goldman, JP Morgan to explore IPO: sources Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing and alternatives to allow employees to … Business • 27 Jan
Goldman Sachs reports 69% drop in Q4 profit Goldman Sachs Group has posted a bigger than expected 69% drop in fourth-quarter profit as it struggled with a slump in dealmaking and weakness in … Business • 17 Jan
Goldman staff brace as global jobs cull begins Staff at Goldman Sachs are bracing for news on whether they will keep their jobs, as the US investment bank begins a sweeping cost-cutting drive … Business • 11 Jan
Goldman Sachs to cut thousands of employees - source Goldman Sachs Group is planning to cut a couple of thousand employees to navigate a difficult economic environment, a source familiar with the move said. Business • 16 Dec 22
US banks warn of recession as inflation hurts consumers The biggest US banks are bracing for a worsening economy next year as inflation threatens consumer demand, according to executives. Business • 07 Dec 22
Goldman Sachs reports smaller-than-expected profit drop Goldman Sachs Group today unveiled a plan to reorganise its business into three units in another overhaul in less than three years by the Wall … Business • 18 Oct 22
Goldman Sachs quarterly profits beat expectations Goldman Sachs Group has today reported a 43% drop in profit but beat Wall Street expectations, as strong performances in its wealth management and trading … Business • 14 Apr 22
Goldman Sachs first major Wall St bank to quit Russia Goldman Sachs Group said today it was closing its operations in Russia, becoming the first major Wall Street bank to exit the country following Moscow's … Business • 10 Mar 22
Goldman Sachs lifts targets in bid to win over skeptics Goldman Sachs has upgraded its key profitability target and set new goals for its asset management, transaction banking and consumer businesses as it laid out … Business • 17 Feb 22
Goldman Sachs profit misses estimates on weak trading Goldman Sachs Group's profit fell nearly 13% and missed expectations today as a less volatile equity market hurt trading business and dampened a bumper year … Business • 18 Jan 22
JP Morgan is now world's most systemic bank JPMorgan Chase has once again been named the world's most important bank to the health of the wider financial system, according to the latest annual … Business • 23 Nov 21
Goldman Sachs posts bumper profit Goldman Sachs Group reported a 66% surge in third-quarter earnings that swept past expectations on Friday, as Wall Street's biggest investment bank rode a record … Business • 15 Oct 21
Initiative Ireland plan gets backing of Goldman Sachs Property finance platform, Initiative Ireland, has secured the backing of Goldman Sachs Asset Management for its latest financing project. Business • 12 Sep 21
Goldman Sachs to buy Dutch asset manager NNIP Dutch insurer NN Group said today that Goldman Sachs will buy NNIP, its asset management arm, for €1.7 billion in the biggest acquisition by the … Business • 19 Aug 21
Goldman Sachs profit soars on global dealmaking frenzy Goldman Sachs Group has today reported a surge in second-quarter profit as Wall Street's biggest investment bank cashed in on record global dealmaking activity. Business • 13 Jul 21
Goldman Sachs expands transaction bank to Britain Goldman Sachs has launched its transaction bank in Britain, the firm said today, expanding the business after launching in the US last year as it … Business • 21 Jun 21
Goldman Sachs profit jumps on record global dealmaking Goldman Sachs Group has today reported a massive jump in first-quarter profit, as Wall Street's biggest investment bank capitalised on record levels of global dealmaking … Business • 14 Apr 21
Goldman Sachs junior staff praised for raising abuses The boss of Goldman Sachs has praised a small group of junior bankers for speaking out over excessive working hours and workplace abuse. Business • 23 Mar 21
Goldman Sachs set to start return-to-office push Goldman Sachs Group's chief executive told the bank's thousands of employees who have been mostly working from home since the start of the pandemic that … Business • 12 Mar 21
Goldman Sachs profit surges past estimates Goldman Sachs Group today dwarfed estimates with a 153% jump in fourth-quarter profit, powered by another strong performance at its core bond trading and underwriting … Business • 19 Jan 21
Blanchardstown Shopping Centre deal cleared by CCPC Goldman Sachs' deal to buy the Blanchardstown shopping centre in West Dublin has been cleared by the Competition and Consumer Protection Commission (CCPC). Business • 22 Dec 20