How Goldman Sachs Fumbled Its Consumer Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

When Goldman Sachs entered the credit card space in 2019, many consumer banks were concerned that a new competitor had emerged. But just four years later, the firm is pulling back. We explain why. Photos: Reuters

What was the turning point that led Goldman to retreat from this space?Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.Despite being so close to a war zone, Israel's Ben Gurion Airport remains open.

Photo Composite: George Downs/ The Wall Street JournalOhio’s Jim Jordan and Louisiana’s Steve Scalise are vying to be the next Speaker of the House. WSJ explains how the two became the frontrunners and how they’re pitching themselves to House Republicans. Illustration: Madeline MarshallAs Ukraine continues its push to retake territory, Kyiv’s forces are increasingly attacking Russia’s logistics and military installations in Crimea.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Earnings playbook: Netflix and Goldman Sachs headline a big week of reportsExpectations for the overall earnings season are muted.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Goldman Sachs Wants Out of the Apple Card Business, Report ClaimsThe Wall Street giant is expected to disappoint in Tuesday's third-quarter earnings, with the Apple partnership facing intense scrutiny.
Källa: Gizmodo - 🏆 556. / 51 Läs mer »

Stocks Are Poised to Rise MondayThis week includes earnings reports from Tesla, Netflix, and Goldman Sachs.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »