The Federal Reserve will release the results of this year's banking "stress tests" on Wednesday, helping assess the stability of financial instutions.
Big U.S. lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week's Federal Reserve health checks, although resulting investor payouts a
Wall Street firms are slashing more jobs. Goldman Sachs Group Inc. has started cutting managing directors across the globe, according to people familiar with the matter.
Goldman CEOs go on to become treasury secretaries, governors, and senators when they leave the job. DJ D-Sol will likely be spinning records when he's through.
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What the heck is going on at Goldman Sachs

03:36pm, Friday, 23'rd Jun 2023
It's been non-stop negativity over at Goldman Sachs recently. The latest: Another big departure, the prospect of a large writedown, and a report questioning CEO David Solomon's future.
"One bidder said GreenSky is worth roughly $300 million, while another said it was worth closer to $500 million," according to the report.
Goldman Sachs (NYSE:GS) faces a significant writedown on its investment in GreenSky as it seeks buyers for the fintech lender, CNBC reported on Friday.  Its shares fell 1.5% to $314.88 shortly after
Synchrony Financial SYF, -1.07%, KKR & Co. KKR, -2.54%, Apollo Global Management APO, -1.28%, Sixth Street Partners and Warburg Pincus have bid on the installment loan business of Goldman Sachs Group
Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender GreenSky after seeking to divest the business it bought in 2021, CNBC reported on Friday, citing pe
Goldman's (GS) business diversification and sound capital position are likely to aid growth. However, sluggish capital market activity is likely to impede trading revenues while rising costs ail.
The Dow Jones Industrial Average closed down 0.01%, or 4 points, spending most of the day in the red as investors digested the latest moves by central banks around the world.
UBS is likely to face regulatory fines over Credit Suisse's dealings with Archegos.
Bank stocks are down on Thursday for the fourth straight day amid talk of higher interest rates and increased capital requirements by regulators to strengthen the banking system. Eighty-eight out of 8
Goldman (GS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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