It’s ‘make-or-break’ for Goldman consumer unit


NEW YORK: Goldman Sachs Group Inc’s leaders take the stage this week, hoping to turn the page on a forgettable 2022, lay out new reasons for investors to rally around the stock and quell dissatisfaction within the firm’s ranks.

After a year in which profits slumped by half and a consumer-banking strategy unravelled, executives plan to offer a more forceful case for shareholders to appreciate its US$2.5 trillion (RM11.1 trillion) asset and wealth management businesses.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Jakel invests in Cyberjaya data centre project
Improving business operations
Developers focusing on flexibility in second half
Agricore has the right ingredients for growth
Talent needed to move up the chain
China’s 60 million homes are hard to sell even in large cities
Tight supply, solar demand drive antimony prices to record high
Seng Fong’s growth spurt to continue with rising number of EVs
Paragon Union’s recycling play shapes up
TNB 1Q24 revenue increases 8% to RM13.6bil

Others Also Read