Goldman Sachs profit misses estimates on higher costs, weak M&A, 1MDB legal woes
Goldman Sachs reported a bigger-than-expected fall in quarterly profit as the bank set aside more money to cover legal costs.
Goldman Sachs reported a bigger-than-expected fall in quarterly profit as the bank set aside more money to cover legal costs.
Strong results at its trading and underwriting businesses offset weakness in consumer banking.
The slump is due to the fallout from a sales scandal that erupted in 2016 and drove them to set aside another $1.5 billion towards legal expenses.
The best reason to take a Tom Steyer policy position seriously is to point out that it would just hand more power to lobbyists and the White House.
The Nasdaq Composite set a fresh all-time intraday high on Friday.
While the economy has been amazing for your net worth, it may come with some substantial tax bills when you eventually sell your investments.
Visitors to Goldman Sachs' website are now met with a background of lush greenery and a banner headline: “Our Commitment to Sustainable Finance.”