News Formal

Goldman Sachs mulls sale of investment advisory unit — undoing David Solomon strategy

  • 📰 nypost
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

México Noticias Noticias

México Últimas Noticias,México Titulares

The Wall Street investment giant is looking to offload its Personal Financial Management unit, which manages around $29 billion in assets.

and rank-and-file employees who have been put off by his leadership style — as well as his moonlighting as an amateur disc jockey — as Goldman’s earnings have plunged this year.

Goldman Sachs is looking to sell off its investment advisory unit — a move that would undo CEO David Solomon’s attempt to expand the bank’s clientele beyond the ultra-rich.“We see continued opportunities to invest in this segment but with less strategic impact to GS.” Sixth Street is said to be leading a consortium that includes KKR, PIMCO, and CardWorks in bidding for GreenSky,Goldman is likely to take a large writedown for GreenSky.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 91. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Goldman Sachs names 6 electric vehicle stocks set to beat the 'intense competition'Competition in the electric vehicle industry is getting fiercer. Goldman sees two groups of companies prevailing, naming six such stocks.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Goldman Sachs is exploring sale of investment advisory unit - reports By Investing.comGoldman Sachs is exploring sale of investment advisory unit - reports
Fuente: Investingcom - 🏆 450. / 53 Leer más »