Goldman CEO claims asset management is the new expansion motor, will find out from bungled buyer energy

Goldman CEO claims asset management is the new expansion motor, will find out from bungled buyer energy


Essential Details
  • Goldman Sachs CEO David Solomon said asset management and wealth management would be the growth motor for the lender immediately after his efforts in purchaser banking went awry.
  • He also acknowledged that the agency failed to “execute very well” on elements of his customer thrust, but included that administration would replicate and study from the episode.
  • Goldman was scheduled to hold its next-ever investor day later Tuesday.



Supply

Stocks making the biggest moves midday: Microsoft, Netflix, Marvell Technology, GitLab & more
Finance

Stocks making the biggest moves midday: Microsoft, Netflix, Marvell Technology, GitLab & more

Check out the companies making the biggest moves midday: Genius Sports — The sports analytics company jumped 8% after setting lofty 2028 targets at its investor day. Genius sees ” group revenue ” totaling $1.2 billion by then, along with free cash flow of $220 million. Netflix — Shares declined 5% as investors waited to […]

Read More
Stocks making the biggest moves premarket: American Eagle, Marvell Technology, Pure Storage, Box & more
Finance

Stocks making the biggest moves premarket: American Eagle, Marvell Technology, Pure Storage, Box & more

Check out the companies making headlines before the bell. American Eagle Outfitters — Shares jumped nearly 13% after the retailer reported third-quarter earnings of 53 cents per share on revenue of $1.36 billion, beating the Street’s expected earnings of 44 cents per share on revenue of $1.32 billion, according to LSEG data. Strong sales in […]

Read More
Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop
Finance

Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop

ETF Edge Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop Published Wed, Dec 3 20257:00 AM EST Blair Bao WATCH LIVE Source

Read More