Goldman Sachs' Profits Decline as Retail Banking Pullback Takes Toll
TL;DR Summary
Goldman Sachs reported a 36% drop in profits after scaling back its retail banking operations, reflecting the impact of the bank's strategic shift away from consumer lending.
- Goldman Sachs profits drop 36% after pullback from retail banking Financial Times
- Goldman Sachs tops estimates on stronger-than-expected bond trading CNBC
- Goldman's profit declines amid costly retreat from consumer banking Yahoo Finance
- Goldman Sachs 3Q profits fall 33% as trading, investment banking remains stagnant AOL
- Goldman Traders Help Counter Real Estate Losses, Stagnant M&A Bloomberg
Reading Insights
Total Reads
0
Unique Readers
3
Time Saved
0 min
vs 1 min read
Condensed
77%
117 → 27 words
Want the full story? Read the original article
Read on Financial Times