[ad_1] Goldman Sachs Group Inc. has admitted defeat in its ambitious plan to be the bank for everybody. Now it has to figure out how to be a bank for…
Tag: wsjfinance-ws
Bank Profits Fell 6% Last Year as War, Inflation and Higher Rates Hurt Results
[ad_1] The $263 billion in total profit ranks as second-best on record, yet recession fears prompted a rise in loan-loss reserves. [ad_2] Source link
Goldman Considers Shrinking Its Consumer Business
[ad_1] CEO David Solomon said the bank was considering ‘strategic alternatives’ for its credit-card and specialty lending businesses. [ad_2] Source link
WSJ News Exclusive | Pfizer in Talks to Acquire Seagen in Deal Likely Valued at More Than $30 Billion
[ad_1] WSJ News Exclusive Deals Potential deal would help the drug company add to its lineup of cancer treatments [ad_2] Source link
WSJ News Exclusive | Hedge Fund Seeks Ouster of Union Pacific CEO
[ad_1] Soroban says Lance Fritz should be replaced, arguing that the railroad has underperformed under his watch. [ad_2] Source link
Americans in Their 30s Are Piling On Debt
[ad_1] The overall burden is up 27% since before the pandemic, more than for any other age group. [ad_2] Source link
Thomas Lee Helped Found Buyout Business, Now One of Wall Street’s Biggest
[ad_1] Markets Finance Thomas H. Lee Partners LP, founded in Boston in 1974, set out to buy companies in ‘bootstrap acquisitions’ [ad_2] Source link
Citigroup CEO Jane Fraser Gets $24.5 Million 2022 Paycheck, Up 9%
[ad_1] The chiefs at other big banks, including Goldman and Morgan Stanley, had their pay slashed. [ad_2] Source link