[ad_1] As the calendar turns for the biggest banks, a big question mark looms: Where will growth come from next year? A major feature of the global Wall Street banks…
Tag: GS
A Divorce With Apple, Internal Strife: How Goldman’s Main Street Bet Failed
[ad_1] At an off-site in upstate New York last month, during a dinner lasting roughly three hours, Goldman Sachs Chief Executive David Solomon told partners that the firm had made…
WSJ News Exclusive | Apple Pulls Plug on Goldman Credit-Card Partnership
[ad_1] Apple is pulling the plug on its credit-card partnership with Goldman Sachs, the final nail in the coffin of the Wall Street bank’s bid to expand into consumer lending. …
American Borrowers Are Getting Closer to Maxing Out
[ad_1] A happy holiday shopping season might not end up being an especially cheery time for lenders. Card loans are still growing, on average rising 1.6% in October over September…
World’s largest iceberg breaks free, heads toward Southern Ocean
[ad_1] [1/2]A satellite imagery of the world’s largest iceberg, named A23a, seen in Antarctica, November 15, 2023. Courtesy of European Union/Copernicus Sentinel-3/Handout via REUTERS Acquire Licensing Rights Nov 24 –…
WSJ News Exclusive | Goldman Moves to Unload GM Credit Card
[ad_1] Updated Nov. 7, 2023 5:44 pm ET Goldman Sachs plans to begin a process to unload its General Motors credit-card program in another step away from its failed foray…
Goldman Sachs Promotes 608 Managing Directors
[ad_1] Goldman Sachs on Thursday promoted 608 employees to the role of managing director, a smaller group than the last class two years ago. The 2021 class was a record,…
Morgan Stanley Names Ted Pick as Next Chief Executive
[ad_1] Updated Oct. 25, 2023 6:16 pm ET Morgan Stanley named Ted Pick as its next chief executive to replace longtime CEO James Gorman, ushering in a new era for…