Goldman Sachs expects $5B hit from tax overhaul in 4Q
Goldman Sachs expects to take a $5 billion hit to profits for the fourth quarter and year because of the tax overhaul signed into law last week.
View ArticleGoldman Sachs posts $1.9B loss due to new tax law
Goldman Sachs posted a $1.93 billion loss in the fourth quarter as the investment bank had to record more than $4 billion in charges related to the new tax law.
View ArticleSchwartz to retire from Goldman, boosts Solomon as next CEO
Goldman Sachs said Monday that Harvey Schwartz, its co-chief operating officer, will retire next month, clearing the way for David Solomon to eventually become the next chief executive of the Wall...
View ArticleGoldman reports 26 percent surge in profits, helped by taxes
Investment bank Goldman Sachs said Tuesday that its first quarter profits rose by 26 percent, helped by a lower tax bill and a surge in market volatility.
View ArticleGoldman’s 4Q profits beat estimates, despite trading worries
Investment bank Goldman Sachs swung to a fourth-quarter profit, as the bank's advisory business helped offset a difficult quarter in trading, given the turbulent markets in late 2018.
View ArticleGoldman profits fall 21% from year ago, hurt by trading
Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading.
View ArticleGoldman Sachs 3Q profit falls 26%, short of expectations
Goldman Sachs had a 26% decline in third quarter profits, the bank said Tuesday, as Goldman took losses on some of its public investments and struggled to drum up enough advisory business.
View ArticleGoldman Sachs profit falls 24% as legal expenses mar results
Goldman Sachs said its fourth-quarter profits dropped by 24% from a year earlier, as the bank had to set aside money to cover its looming settlement with U.S. authorities over its role in a Malaysian...
View ArticleHaving trouble getting a PPP loan? Goldman Sachs is offering help
Goldman Sachs has committed $50 million to loans for small businesses in New Orleans and across the South, city officials said Friday.
View ArticleBusinesses and philanthropy unite to fight racial wealth gap
The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States.
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