Goldman Sachs is set to report third-quarter earnings — here's what Wall Street expects

Goldman SachsFeeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyAmong its big bank peers, Goldman Sachs is the most reliant on investment banking and trading revenue.That's been a headwind as mergers, initial public offerings and debt issuance all have been muted this year as theboosted interest rates to slow the economy down.

With signs that activity has picked up lately, analysts will be eager to hear about Goldman's pipeline of deals.: Its strategic retrenchment away from retail banking has saddled the firm with losses as it finds buyers for unwanted operations, and its exposure to commercial real estate has resulted in write-downs as well.

United States United States Latest News, United States United States Headlines

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

Goldman Sachs is set to report third-quarter earnings — here's what Wall Street expectsWhile Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
Source: CNBC - 🏆 12. / 72 Read more »

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

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.
Source: Gizmodo - 🏆 556. / 51 Read more »