David Solomon

Goldman Sachs tops revenue estimates on better-than-expected asset management results

Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts’ expectations on better-than-expected asset and wealth management revenue. Here’s what…

Apple is trying to unwind its Goldman Sachs credit card partnership

Apple has given Goldman Sachs a proposal to end its credit card and savings account partnership within the next 12…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…

Goldman Sachs tops estimates on stronger-than-expected bond trading

Goldman Sachs posted third-quarter profit and revenue Tuesday that exceeded analysts’ estimates on stronger-than-expected trading revenue. Shares of the bank…

Former Bridgewater CEO Dave McCormick could get big money backing for Pennsylvania U.S. Senate run

A month before Dave McCormick’s announcement Thursday for his second run for a U.S. Senate seat from Pennsylvania, he was…

Goldman Sachs’ future hinges on a low-profile, high-growth business

Goldman Sachs is known as Wall Street’s top brand, a juggernaut employing some of the world’s best traders and investment…

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…

Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal

Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky after seeking to…

Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate

Goldman Sachs CEO David Solomon said Monday that his bank will disclose markdowns on commercial real estate holdings as the…

Goldman Sachs is cutting jobs again amid Wall Street deals slump

Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump…