News Formal

Breakingviews TV: Goldman 2.0

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Watch: Goldman Sachs' revenue and profit dropped in Q1, but johnsfoley spots some good news too: Stable activities like lending make up more of the bank's business, and customer deposits are reducing funding costs. Both should eventually boost returns.

The investment bank’s revenue and profit dropped in the first quarter, but John Foley spots some good news too: Stable activities like lending make up more of Goldman’s business, and customer deposits are reducing funding costs. Both should eventually boost returns.

The investment bank’s revenue and profit dropped in the first quarter, but John Foley spots some good news too: Stable activities like lending make up more of Goldman’s business, and customer deposits are reducing funding costs. Both should eventually boost returns.https://reut.rs/2IA4trg

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs supertanker starts to turnThe Wall Street firm’s revenue shrank in the first quarter, but its shift from investment banking is gaining speed. Goldman gets $6 of every $10 in revenue from stable business lines, including interest. Boss David Solomon has more to trim, but what’s underneath is encouraging.
Source: Breakingviews - 🏆 470. / 51 Read more »