No Credit: Apple exploring options to end its finance, credit card venture with Goldman Sachs
Goldman Sachs was looking for ways to pull out…
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Goldman Sachs says rupee’s recovery to be ‘short-lived’
Money dealers count Pakistani rupees and US dollars at an exchange in Islamabad. — AFP/FileThe recent significant gains made by the Pakistani currency against the US dollar will be short-lived as the recovery will fade due to…
Goldman Sachs: Goldman Sachs continues to lose money from Apple Card tie-up – Times of India
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’ Q2 profits plummet by 62% amidst sluggish merger activity
AFP | | Posted by Singh Rahul Sunilkumar Goldman Sachs reported a steep drop in second-quarter profits Wednesday as it continued to struggle with an anaemic merger and acquisition market and weakness in trading. The logo for…
Goldman Sachs misses on profit after hits from GreenSky, real estate
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…
Steep Profit Fall at Goldman Sachs Highlights Wall St. Giant’s Woes
The NumbersGoldman Sachs reported a profit of $1.1 billion in the second quarter, down more than 60 percent from last year.The bank in particular highlighted write-downs in the value of its commercial real estate portfolio, a $1.2 billion…
Goldman Sachs CEO David Solomon’s growth strategy gains board’s support: Report
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…
India to become world’s 2nd-largest economy by 2075, surpass US: Goldman Sachs
India is set to become the world’s second-largest economy by 2075, leaving not just Japan and Germany but also the US behind, Goldman Sachs said in its latest report. Currently, India is the world’s fifth-largest economy, behind Germany,…
India to Overtake US as World’s Second-Biggest Economy by 2075: Goldman Sachs – News18
Last Updated: July 11, 2023, 02:49 ISTUnited States of America (USA)A man carries empty water bottles past a bronze replica of the Charging Bull of Wall Street, inside the premises of the Bombay Stock Exchange (BSE) in Mumbai, February 1,…
Goldman Sachs: Goldman Sachs looks to part ways with Apple, American Express could fill in –…
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,…