Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, will retire from that role and become a senior director at the investment bank. Goldman Sachs CEO David Solomon announced Esposito’s decision Monday (Jan. 29) in a company memo seen by PYMNTS. “On a personal...
There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in building out new business lines that promised to digitize and modernize lending and payments. The...
Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street. The transaction is expected to be completed in the first quarter of 2024, subject to standard closing conditions, the global...
The Federal Reserve has issued a warning to Goldman Sachs regarding risk and compliance oversight at its FinTech unit. The regulatory concerns raised by the Fed have prompted a halt in the acquisition of riskier FinTech clients by a division of Goldman Sachs’ transaction banking...
October 16, 2023
There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in building out new business lines that promised to digitize and modernize lending and payments. The latest example is the announcement last week that the company […]
April 11, 2024
Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the bank’s management committee, Goldman Sachs CEO David Solomon said in an internal memo dated Thursday (April 11) seen by PYMNTS. Goldman Sachs’ previous global treasurer, CEO of Goldman Sachs Bank USA […]
January 29, 2024
Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, will retire from that role and become a senior director at the investment bank. Goldman Sachs CEO David Solomon announced...
October 11, 2023
Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street. The transaction is expected to...
September 01, 2023
The Federal Reserve has issued a warning to Goldman Sachs regarding risk and compliance oversight at its FinTech unit. The regulatory concerns raised by the Fed have prompted a halt...
