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1 min read

Goldman Sachs is reportedly planning to lay off hundreds of employees in consumer business

The company's decision to cut jobs comes after chief executive David Solomon announced plans to …

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7 mins read

Goldman Sachs used to be stone-cold killers. Now they just bore people to death.

Goldman Sachs' rep as Wall Street's most-feared investment bank is slipping — as are profits …

Linette Lopez   


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2 mins read

Goldman Sachs expected to start one of the biggest rounds of redundancies in its history

Goldman Sachs is expected to start one of the biggest rounds of redundancies in its history this we…

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4 mins read

High turnover and mounting losses are plaguing Goldman Sachs' Marcus consumer-banking unit

Turnover's been high at Goldman Sachs' Marcus consumer-banking unit. Plus, a "messy" end to a Faceb…

Matt Turner,Jordan Parker Erb…   


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4 mins read

Exodus at Goldman Sachs' Marcus

The top finance stories for April 7, including the latest news on the rash of departures at Goldman…

Dan DeFrancesco,Jordan Parker…   


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3 mins read

Goldman Sachs' Marcus has halted aggressive hiring plans as it mulls a sharp pivot in its consumer-banking ambitions

David Solomon's pet project has seen the Wall Street bank deploy billions of dollars into the build…

Aaron Weinman   


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3 mins read

Aaron Weinman   


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2 mins read

After a credit card, Apple launches savings account service in partnership with Goldman Sachs — here’s what it means

Apple has announced the launch of savings accounts service in partnership with Goldman Sachs. The t…

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8 mins read

Avant review: Personal loans for people with low credit scores, but you'll pay a high interest rate

Avant is a personal loan provider that offers loans to borrowers with low credit scores. You can ge…

Ryan Wangman   


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6 mins read

Goldman Sachs' Marcus unit is struggling with burnout, blown deadlines, and a tech-talent exodus

Nearly every significant leader in the business has walked out the door.

Matt Turner   


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2 mins read

Goldman Sachs 3rd-quarter earnings beat across the board, headlined by strong investment-banking revenue

Goldman Sachs' trading businesses took in $5.61 billion in the third quarter, up from $4.14 billion…

Isabelle Lee   


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4 mins read

Goldman Sachs' humbling U-turn on its consumer banking ambitions

Goldman Sachs is scaling back its consumer business as it announces an overhaul of the firm's busin…

Jeffrey Cane   


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7 mins read

What's driving an exodus at Deutsche Bank's vaunted credit desk

This week's top stories: Bank of America and Deutsche Bank traders, WeWork vacancies, Neiman's Huds…

Meredith Mazzilli   


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1 min read

Goldman Sachs CEO David Solomon admits the Wall Street giant expanded too quickly into consumer banking following earnings stumble

"In the consumer platforms, we did some things right. We didn't execute on some others," Solomon to…

Phil Rosen   


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3 mins read

Staffers say Goldman Sachs CEO David Solomon has asked them to help with his DJ account

Insiders say they worry that Solomon is too focused on his vanity projects right now — especially a…

Lisa Ryan   


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3 mins read

CEO David Solomon is restructuring Goldman Sachs again. Here's who wins — and who loses — from the leadership reshuffle.

Goldman Sachs's third restructuring in four years comes as insiders have been questioning Solomon's…

Michelle Abrego   


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2 mins read

Goldman Sachs ties up with GM for second co-brand card

Goldman's new General Motors card could cement the issuer's reputation for innovative digital featu…

Jaime Toplin   


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3 mins read

Goldman Sachs is staffing up BNPL teams

Goldman Sachs is staffing up teams focused on buy now, pay later offerings as it looks to tap into …

Dan DeFrancesco,Jordan Parker…   


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5 mins read

Goldman Sachs just announced its newest partner class. From trading to investment banking, here's the businesses that got the most, and least, love.

We broke down how different business units are represented in Goldman's new partnership class. From…

Dan DeFrancesco   


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2 mins read

Walmart has reportedly lured away two Goldman Sachs bankers to help lead its new fintech venture

Walmart announced a partnership with Ribbit Capital to offer financial products to customers and em…

Shoshy Ciment