Goldman Sachs CEO Solomon says the bank's investment in WeWork is still profitable at this time

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Goldman Sachs CEO David Solomon spoke to CNBC's Wilfred Frost on Thursday.

CEO David Solomon says the bank's stake in WeWork is still profitable, even after the company suffered a number of valuation cuts and is faced a bailout crisis.Wilfred Frost

on Thursday. "At the current mark, even if it went down from here, we still have a profit in the remaining position." WeWork has gone through a vicious cycle of scrutiny in the past few months, as the co-working space provider's IPO was put on hold while its valuation suffered multiple cuts. WeWork is

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Your money is gone !!

DJ Bullshit , spin another one

If dj dsol says so

'at this time'

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to get a job at Goldman Sachs: tips from finance career experts - Business Insider'Sometimes you will see interviewers shuffle their notes, not look at you, and they do it on purpose, because they want to test how anxious you are,' said LindaKreitzman LindaKreitzman The most important thing in the course of interviews is to understand: what they are looking for, who is going to make the decision, am I connecting with them? Many interviewers are just there, they are not critical. Most of time HRs are not critical.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple Card's stellar launch could help it weather competition concerns - Business InsiderEarly success of the Goldman Sachs-issued Apple Card may mean it's set to boost Apple Pay's popularity – establishing its dominance over competitors.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock picks to buy: Goldman reveals 12 growth stocks at budget prices - Business InsiderGoldman Sachs says companies with steady earnings growth are more expensive than ever, but that it's still possible to find a few at discount prices.
Source: BusinessInsider - 🏆 729. / 51 Read more »