Goldman Sachs CEO Expects IPOs to Bolster Capital Markets
Goldman Sachs CEO David Solomon is confident that the incoming wave of initial public offerings (IPOs) will help to fuel a "pickup in the capital markets activity" in the coming fall season. "Obviously an environment with more capital markets activity is a good environment...
Goldman Sachs CEO Feels “Very, Very Good” About Strategy Change Despite a “Tough” Q2
Speaking at a conference call with analysts on Wednesday, Goldman Sachs CEO David Solomon acknowledged that the investment bank had a “tough” second quarter. But despite this, Solomon said he feels “very, very good” about Goldman’s recent strategy changes.
Goldman Sachs reported $1.1 billion in...
Goldman Sachs Stock Slides 3.5% After Reported Profit Loss
Goldman Sachs, the world’s second-largest investment bank, has reported an 18% profit loss in its first-quarter earnings report. This caused the bank’s stock to slide 3.7% in premarket trading compared to Monday’s close price of $339.68 per share.
Goldman Sachs’ saw its quarterly profit drop...
Goldman Sachs Beats Expectations Despite 48% Profit Drop
Goldman Sachs Group Inc came on top in the second quarter, reporting results that decisively beat the analysts' expectations. According to Monday's report, the investment bank had $7.73 a share compared to an estimated $6.58 per share and $11.86 billion revenue vs. $10.86 billion...