david solomon

Goldman Sachs has experienced additional losses in their credit card business, mainly due to the AppleCard. The investment bank has recently shared its financial results for Q2 2023, indicating that they are still facing challenges with…

Goldman Sachs on Wednesday posted profit below analysts' expectations amid write-downs tied to commercial real estate and the sale of its GreenSky lending unit.Here's what the company reported:Earnings: $3.08 a share vs. $3.18 a share…

As reported by Reuters citing sources, Solomon has been entrusted with the responsibility of revitalizing the bank's stock value, despite facing doubts from certain investors and employees. According to one of the sources, the…

Goldman Sachs is considering ending its partnership with Apple, severing a four-year-old relationship that helped the iPhonemaker foray into the finance segment.Apple partnered with Goldman Sachs to offer financial services to its users,…

Goldman Sachs CEO David Solomon speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | Getty ImagesGoldman Sachs is likely to take a large writedown for its 2021 acquisition of fintech…

CEO David Solomon, Goldman Sachs, during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022.Michael Nagle | Bloomberg | Getty ImagesGoldman Sachs CEO David Solomon said Monday that his bank…

David Solomon, CEO, Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, California, April 29, 2019.Kyle Grillot | Bloomberg | Getty ImagesGoldman Sachs is preparing for its third round of layoffs since…

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York, November 17, 2021.Andrew Kelly | ReutersGoldman Sachs is investing more than $2.1 billion into Black women-owned businesses and…

NWE YORK: Goldman Sachs Group Inc is embarking on one of its biggest rounds of job cuts ever as it locks in on a plan to eliminate about 3,200 positions this week, with the bank’s leadership going deeper than rivals to shed jobs.The firm is…

Technology companies as big as Facebook, Amazon, Snapchat, Intel, Netflixand others have cut jobs in 2022, with some citing the effects of the COVID-19 pandemic and others pointing to overhiring during periods of rapid growth. After a…