Goldman Sachs is making a strong comeback, and it's not just about the money. The bank is thriving, with a soaring share price and a packed deal pipeline. CEO David Solomon seems to have turned things around, making Goldman the top player on Wall Street once again. The bank's success is not just lu
Goldman Sachs is feeling optimistic about the future of mergers and acquisitions. They think the current rules and regulations are making it easier for companies to strike big deals. This news has got investors excited, and the company's stock price hit a new high. But it hasn't all been smooth sai
Goldman Sachs, a major player on Wall Street, thinks the crypto world is about to get a big boost. They believe clearer rules and new ways to use crypto are making it easier for big companies to jump in. Right now, the biggest worry for these companies is not knowing what the rules are. But things
Goldman Sachs is mixing things up in its tech investment teams. They are merging their telecom and "CoreTech" teams to create a new group focused on digital infrastructure and AI deals. This new group, called Global Infrastructure Technology, will be led by Yasmine Coupal and Jason Tofsky. Coupal ha
Goldman Sachs, a major player in the financial world, is making a bold move into the sports industry. They've just bought a big chunk of Excel Sports Management, the agency behind stars like Tiger Woods and Caitlin Clark. This deal is worth almost $1 billion, showing just how serious Goldman is abou
Citigroup recently made a significant shift in its approach to diversity, equity, and inclusion (DEI). The bank's CEO announced that it will no longer require a diverse pool of candidates for job interviews. This decision comes at a time when the business landscape is changing under the current poli
Goldman Sachs has increased the pay of its CEO, David Solomon, by 26% to $39 million. Alongside this, they've set up retention plans worth $80 million for both Solomon and the bank's president, John Waldron. This move aims to keep the duo at the helm, following a strong performance year. The bank ha
Goldman Sachs has some good news for investors. They think the S&P 500, a key stock market index, will go up by 11% in 2025. That's a total return of 12% when you include dividends. Why? Because the economy is growing, and companies are making more profits. The firm's team, led by David Kostin, says
Goldman Sachs is warning of a $400M writeoff, but is it a wake-up call for the bank or just a speed bump? The storied investment bank is expecting a 10% decline in trading revenue due to tough fixed-income conditions and year-over-year comparisons. But what's behind this unexpected hit? Was it a has
Goldman Sachs is set to take a $400 million pre-tax hit in the third quarter due to the unwinding of its General Motors credit card platform and the sale of real estate loans. The bank is in talks to hand over its GM credit card business to Barclays, a deal that would see the transfer of roughly $2
