Goldman Sachs

Goldman Sachs Plans to Shed GM Card
Goldman Sachs Plans to Shed GM Card
November 08, 2023  |  Credit Cards

Goldman Sachs is reportedly hoping to offload its General Motors (GM) credit card program. The move, as reported Tuesday (Nov. 7) by the Wall Street...

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St. John’s Coach Rick Pitino Courts Wall Street for Financial Lessons
St. John’s Coach Rick Pitino Courts Wall Street for Financial Lessons
November 01, 2023  |  Personal Finance

St. John’s coach has reportedly turned to a unique source to revive his basketball program. Goldman Sachs. As Bloomberg News reported Wednesday (Nov. 1), Rick Pitino has hired a...

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Goldman Sachs Appoints David Kamo as Global Head of Financial Sponsor M&A
Goldman Sachs Appoints David Kamo as Global Head of Financial Sponsor M&A
October 24, 2023  |  Personnel

Goldman Sachs is appointing David Kamo as its global head of financial sponsor mergers and acquisitions (M&A). Kamo’s new role will involve leading the bank’s efforts in working...

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Plaid Hires Former Expedia CFO Eric Hart Before IPO
Plaid Hires Former Expedia CFO Eric Hart Before IPO
October 18, 2023  |  Personnel

FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia,...

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Goldman Sachs Reports Q3 Earnings of $11.8 Billion
Goldman Sachs Reports Q3 Earnings of $11.8 Billion
October 17, 2023  |  Earnings

Goldman Sachs reported its third-quarter earnings for 2023 on Tuesday (Oct. 17). The company achieved net revenues of $11.8 billion and net earnings of $2.1...

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Goldman’s GreenSky Sale Shows Building a Consumer Lending Business Is Easier Said Than Done
Goldman’s GreenSky Sale Shows Building a Consumer Lending Business Is Easier Said Than Done
October 16, 2023  |  Banking

There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy...

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Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
October 12, 2023  |  Earnings

Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its...

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Goldman Sachs Sells GreenSky Platform and Loan Assets
Goldman Sachs Sells GreenSky Platform and Loan Assets
October 11, 2023  |  Fintech Investments

Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street....

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Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
October 09, 2023  |  Banking

The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits....

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