Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....
Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through,...
Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending...
Goldman Sachs reportedly plans to lay off between 3% and 4% of its workforce — amounting to about 1,300 to 1,800 people — as part...
Is the American consumer cautiously confident? Confidently cautious? Somewhere in the middle? The Conference Board released its Consumer Confidence Index Tuesday (Aug. 27), which showed...
Economists at Goldman Sachs have lowered the likelihood of a U.S. recession. As Bloomberg News reported Saturday (Aug. 17), the banking giant now gives an...
Klarna is reportedly ready to tap Goldman Sachs to help it go public next year. The Swedish buy now, pay later (BNPL) company is in...
Several U.S. bank stocks reportedly slipped Monday (Aug. 5) as investors left the sector amid rising fears of a potential recession. Among the losses were...
The CE 100 Index faltered 0.8% in a week that reminded us just how connected we all are — by software, hardware, and apps —...