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%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

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.

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:

 /  🏆 91. in NL
 

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

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 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.
Bron: CNBC - 🏆 12. / 72 Lees verder »

Goldman Sachs is exploring sale of investment advisory unit - reports By Investing.comGoldman Sachs is exploring sale of investment advisory unit - reports
Bron: Investingcom - 🏆 450. / 53 Lees verder »