CEO David Solomon said the bank was considering ‘strategic alternatives' for its credit-card and specialty lending businesses.
Solomon also acknowledged that Goldman didn't "execute well" on parts of its consumer push, but added that management would reflect and learn from the episode.
Goldman said it will show progress to break-even and a clear path to pretax profitability. "Profitability is not a strategy," the bank said in presentation materials.
Goldman Sachs has had a rocky few months. Now, all eyes are on its second-ever investor day. These are the key questions some will be asking.
As David Solomon lays out his vision for the Wall Street giant at the Tuesday shindig, many are still chafing over their disappointing year-end payouts -- and fixing the blame on their part-time DJ CE
Brennan Hawken, UBS analyst, joins 'Closing Bell: Overtime' to discuss Goldman Sachs' investor day.
CNBC's Hugh Son joins 'The Exchange' to discuss Goldman Sachs pivoting its growth strategy away from consumer banking, the missteps of Goldman Sachs CEO David Soloman and expectations for Goldman's in
The search for top dividend-paying financial stocks is on. Of course, in this market environment, stability matters more than growth.
As Goldman's Marcus morphed from a side project to a focus for investors, the business expanded and ultimately buckled under the weight of Solomon's ambitions.
Wall Street has a long history of getting creative to service its wealthiest clients. Here are some of the ways it does it.
A federal investigation into Goldman Sachs' credit card business has apparently expanded. The Wall Street giant revealed last year that the Consumer Financial Protection Bureau (CFPB) was looking int
Weekly summary of dividend activity for Dividend Champions, Contenders, Challengers. Read more to see the companies with upcoming ex-dividend dates.

Should Large Banks Lean Into Share Repurchases Over Dividends? Maybe

03:20pm, Saturday, 25'th Feb 2023 The Motley Fool
Under the current capital regime, bank dividends and share repurchases are treated differently.
Under the current capital regime, bank dividends and share repurchases are treated differently.

Why ACV Auctions Stock Blasted Higher This Week

11:35pm, Friday, 24'th Feb 2023 The Motley Fool
Investors breathed a sigh of relief following the company's latest earnings release.
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