While Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022.Is Wall Street deal-making on the mend?
Among 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.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Earnings playbook: Netflix and Goldman Sachs headline a big week of reportsExpectations for the overall earnings season are muted.
Baca lebih lajut »
Goldman Sachs says this global tech stock will soar as 'gaming-as-a-service' takes offThe tech giant recently completed a major acquisition to help it scale its gaming-as-a-service offerings, according to the Wall Street bank.
Baca lebih lajut »
Goldman Sachs upgrades this homebuilder stock, says it can outperform despite higher mortgage ratesThis construction company's focus on sales volume could help push the stock higher as consumer affordability remains tight, Goldman Sachs says.
Baca lebih lajut »
Goldman Sachs really wants to end its Apple Card deal, new report saysThe Apple Card days may be coming to an end, as Goldman Sachs isn't happy with its consumer division, a new report suggests.
Baca lebih lajut »
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.
Baca lebih lajut »
How Goldman Sachs Fumbled Its Consumer BusinessWhen 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
Baca lebih lajut »