News Formal

David Solomon admits Goldman took on too much, too quickly in consumer business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

'We obviously had a disappointing quarter and we tried to own that, you know, up front,' Solomon told CNBC's 'Squawk Box' Wednesday.

as revenue fell and expenses and loan loss provisions came in higher than expected.

"In the consumer platforms, we did some things right. We didn't execute on some others," Solomon said. "We probably took on more than we should have, you know too much, too quickly." "I think we now have a very good deposits business," Solomon said. "We're working on our cards platform and I think the partnership with Apple is going to pay meaningful dividends for the firm."

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

This guy's voice is weirdly similar with the previous CEO's tone.

He had to travel to Davos to tell us his?

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Goldman Sachs is set to report fourth-quarter earnings — here's what the Street expectsHow long will the investment banking drought last? That's one of the top questions analysts will have for Goldman CEO David Solomon. Their starting salary Kicks the House Down. Thats what I think.
Bron: CNBC - 🏆 12. / 72 Lees verder »