News Formal

Goldman credit card business under investigation by consumer finance watchdog

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Goldman credit card business under investigation by consumer finance watchdog via IrishTimesBiz

Goldman Sachs has admitted to more difficulties for its lossmaking foray into retail banking, disclosing the US consumer finance regulator is investigating how it manages accounts at its credit card business.Goldman Sachs has admitted to more difficulties for its lossmaking foray into retail banking, disclosing the US consumer finance regulator is investigating how it manages accounts at its credit card business.

The CFPB investigation is a legal headache for a Goldman business that only generated about 2 per cent of the bank’s $59 billion in net revenues last year. It grew out of Goldman’s conversion during the 2008 financial crisis into a bank holding company, a move that allowed it to access liquidity lines form the Federal Reserve and secured US government-backed insurance for its deposits.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

One in five Irish pubs have called last orders since 2005, industry group saysReport by Drinks Industry Ireland shows rural pubs have fared worse than their Dublin counterparts IrishTimes In a way this is a good thing - the Irish relationship with alcohol is toxic and unhealthy. *the impact of lockdowns Your supposed to be a reporter. Learn how to spell.
ソース: IrishTimesBiz - 🏆 6. / 77 続きを読む »