Dubai's sky suddenly turned green during storm and rain. Was it the rare derecho?Dubai and the rest of UAE faced a severe storm with floods, traffic disruptions, and record rainfall. Social media shared images and videos...
18 Apr, 2024, 03.19 PM IST
Goldman Sachs Q1 Results: Profit jumps 28% on investment banking strengthGoldman Sachs profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment ba...
15 Apr, 2024, 05.05 PM IST
Goldman Sachs profit plunges on impact from fintech sale, real estate betsThe Wall Street giant reported net profit of $2.06 billion, or $5.47 per share, for the three months ended Sept. 30, it said on Tuesday. Th...
17 Oct, 2023, 05.51 PM IST
Goldman Sachs offloads 'buy now, pay later' firm in quick retreatGoldman Sachs is selling GreenSky, a major player in the "buy now, pay later" lending sector, less than two years after acquiring the compa...
12 Oct, 2023, 10.10 AM IST
Goldman Sachs strikes wealth advisory deal as it revamps strategyThe Wall Street bank, which did not disclose the sale price, said the sale to Creative Planning LLC is expected to close in the fourth quar...
29 Aug, 2023, 07.19 AM IST
Goldman Sachs weighs selling part of wealth business in broad strategy revampGoldman's wealth business has lagged behind rivals, including Morgan Stanley, where CEO James Gorman built the wealth management arm throug...
22 Aug, 2023, 07.53 AM IST
Goldman Sachs weighs sale for part of its wealth businessGoldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019 when it man...
21 Aug, 2023, 07.41 PM IST
Goldman Q2 Results: Profit slides 60% to 3-year low on consumer losses, shares rise 1% on outlookThe results were the worst for the Wall Street giant since the second quarter of 2020, when it took writedowns over corruption scandal link...
20 Jul, 2023, 12.18 AM IST
Goldman Sachs profit tumbles on real estate hits, banking slumpEarnings fell 58% on an investment-banking slump, real estate markdowns and a goodwill writedown in the consumer business, which houses the...
19 Jul, 2023, 10.57 PM IST
ET Exclusive| People see opportunity when they look at India, says Goldman Sachs CEO David Solomon, but 'bureaucratic challenges remain'Amid meetings with top corporate and startup clients, the Prime Minister and other senior officials, Solomon took time out to speak to ET o...
28 Jun, 2023, 07.36 AM IST
Goldman lost $1.2 billion in just 9 months in newest divisionThe collection of businesses including Goldman's Apple Card now packaged into the segment dubbed Platform Solutions racked up more than $1....
14 Jan, 2023, 12.10 AM IST
Goldman Sachs to cut hundreds more jobs as consumer unit scaled backThe bank is drafting plans that could eliminate at least 400 positions from its loss-making retail banking operations, according to people ...
13 Dec, 2022, 05.34 AM IST
At the moment, the US economy is actually in pretty good shape: Goldman Sachs CEO David SolomonIndia is critical to Goldman Sachs both in terms of the global investment banking franchise and from the human capital perspective, CEO Dav...
02 Jun, 2022, 08.33 AM IST
Indian-origin partner at McKinsey arrested; charged with insider-tradingDikshit, a partner at a global management consulting firm, has been charged with "illegally trading in advance of a corporate acquisition b...
11 Nov, 2021, 08.25 PM IST
Wall Street gains as crude price surge, strong economic data prompt broad rallyApple Inc snapped a decline over recent sessions following an adverse court ruling on its business practices, and a lukewarm response to it...
16 Sep, 2021, 09.02 AM IST
Big tech is coming for banking: Experts predict fintech’s 2020Memorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. Our experts thi...
24 Dec, 2019, 09.51 AM IST
Instant lending made this college dropout a billionaireThe majority owner of GreenSky, David Zalik, has appeared on the media radar just as suddenly.
27 Sep, 2016, 10.08 AM IST