Goldman Sachs on Tuesday posted its largest earnings miss in a decade. 'We obviously had a disappointing quarter and we tried to own that upfront,' CEO David Solomon says.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs CEO David Solomon blames ‘challenging’ US economy as profits plungeThe dismal earnings report came a week after Goldman Sachs announced a round of layoffs.
Read more »
We could see another USD/JPY sell-off of roughly 3% – Goldman SachsAs markets brace for Wednesday’s Bank of Japan (BoJ) monetary policy meetings, multiple investment banks and analysts convey their forecasts for the U
Read more »
Goldman Sachs is set to report fourth-quarter earnings — here's what the Street expectsHow long will the investment banking drought last? That's one of the top questions analysts will have for Goldman CEO David Solomon.
Read more »
Goldman Sachs profit drops sharply and misses estimates, stock dipsGoldman Sachs Group Inc. stock is down about 1.7% in premarket trades after the investment bank reported sharply lower fourth-quarter earnings that missed...
Read more »
Goldman Sachs misses profit estimates on dealmaking slumpGoldman Sachs Group Inc on Tuesday reported a bigger-than-expected 69% drop in fourth-quarter profit due to heavy losses in its consumer business and a slump in dealmaking that hit its investment banking unit.
Read more »