Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

Retrieved on: 2024-09-09 22:28:43

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Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business. View article details on hiswai:

Summary

The article discusses Goldman Sachs' financial hit due to its attempted consumer business pivot led by CEO David Solomon. Tags highlight past controversies like the subprime mortgage crisis and REDI, contrasting the struggles with Palantir Technologies' strategic success.

Article found on: www.cnbc.com

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