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GS / Goldman Sachs reports slump in 2Q earnings on GreenSky writedown, fewer deals

Goldman Sachs reports slump in 2Q earnings on GreenSky writedown, fewer deals
Goldman Sachs (NYSE:GS) has reported a sharp decline in second-quarter earnings after the investment bank wrote down its investment in home improvement lender GreenSky and due to a decline in M&A activity. In a results statement, the bank attributed an increase in operating expenses to a $504 million impairment of goodwill related to its consumer platforms unit and impairments of approximately $485 million related to consolidated real estate investments. Read More
Posted: Jul 19 2023, 09:04
Author Name: Proactive Investors
Views: 080753

GS News  

Goldman Sachs to promote 608 to managing directors, down from 2021

By Reuters
November 2, 2023

Goldman Sachs to promote 608 to managing directors, down from 2021

Goldman Sachs will promote 608 executives to managing directors next year, fewer than the 643 senior bankers it elevated two years ago, according to a more_horizontal

Former Goldman Sachs investment banker Brijesh Goel sentenced to 36 months in insider trading case

By Market Watch
November 2, 2023

Former Goldman Sachs investment banker Brijesh Goel sentenced to 36 months in insider trading case

Brijesh Goel, 39, has been sentenced to 36 months in prison on charges of insider trading and obstruction of justice by U.S. District Judge P. Kevin C more_horizontal

Goldman Sachs Group Inc.'s stock extends recent gains in premarket

By Market Watch
October 31, 2023

Goldman Sachs Group Inc.'s stock extends recent gains in premarket

Goldman Sachs Group Inc.'s stock GS, +3.77% was up 0.4% in early Tuesday, after rising 3.8% in the previous session. If the gains hold, it'll be the t more_horizontal

7 Reasons to Avoid Goldman Sachs (GS) Without Hesitation

By 24/7 Wall Street
October 29, 2023

7 Reasons to Avoid Goldman Sachs (GS) Without Hesitation

For years, on Wall Street the top of the mountain has been The Goldman Sachs Group (NYSE: GS), and up until just a few years ago, that was still the c more_horizontal

This Ultra-High-Yield Dividend Stock Is Dirt Cheap -- and Wall Street Thinks It Will Soar Nearly 30% Over the Next 12 Months

By The Motley Fool
October 29, 2023

This Ultra-High-Yield Dividend Stock Is Dirt Cheap -- and Wall Street Thinks It Will Soar Nearly 30% Over the Next 12 Months

Rithm Capital's dividend yield stands at nearly 11.2%. The REIT's shares trade at only 5.6 times forward earnings. more_horizontal

Goldman Sachs Global Institute to offer clients insights on geopolitics and tech

By Market Watch
October 26, 2023

Goldman Sachs Global Institute to offer clients insights on geopolitics and tech

Goldman Sachs Group Inc. GS, +0.13% has named two executives that lead its Office of Applied Innovation to head up its newly-launched Goldman Sachs Gl more_horizontal

Goldman names Kamo as global head of dealmaking for financial sponsors

By Reuters
October 24, 2023

Goldman names Kamo as global head of dealmaking for financial sponsors

Goldman Sachs Group Inc has appointed David Kamo as its global head of financial sponsor mergers and acquisitions within its investment bank, accordin more_horizontal

These 2 Dow Stocks Moved Markets This Week

By The Motley Fool
October 21, 2023

These 2 Dow Stocks Moved Markets This Week

Wall Street had another tough week, with the Dow Jones Industrials losing ground. Both Johnson & Johnson and Goldman Sachs reported their respective f more_horizontal


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