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The shakeup of Goldman Sachs

1 month ago   |   By Business Insider

Goldman Sachs is in the midst of a radical transformation as CEO David Solomon makes his mark on the storied investment bank. The firm is moving away from high risk, unpredictable businesses like trading that were once lucrative but have slowed, and towards more stable areas like its Marcus consumer lending product and a credit card partnership with Apple .
The stakes are high. Shares of Goldman are down 9% in the last year, compared to a 12% rise in the S&P.
Business Insider reports regularly on the latest developments at Goldman, which is set to report earnings on Tuesday. Here are some...
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Goldman Sachs is going through a huge transformation under new CEO David Solomon. Here's everything you need to know

Goldman Sachs is going through a huge transformation under new CEO David Solomon. Here's everything you need to know

1 month ago   |   By Business Insider

Goldman Sachs has a new CEO and the storied investment bank is in the midst of a transformation.
The Wall Street bank is moving away from high risk businesses like trading that were once lucrative but have since slowed, and towards more stable areas like consumer lending .
Business Insider reports regularly on the latest developments at Goldman. You can read our stories by subscribing to BI Prime.
Here's what we know about what's going on inside of Goldman right now, from its growing digital wealth business, to shakeups in its inner ranks.
Consumer banking/wealth
Goldman Sachs is sending...
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