Third-quarter profits at Goldman Sachs fell as the Wall Street giant continued its costly retreat from consumer banking and tried to recover from a prolonged slump in dealmaking.
Goldman helped a number of prominent companies, including Arm and Instacart, go public in the second quarter. Goldman is selling GreenSky less than two years after buying it in 2022 for $1.73 billion. It provided Goldman with a fintech platform for home improvement lending, but the firm looked to sell it as it decided to move away from a push into consumer banking.Goldman Sachs CEO David Solomon speaking during Goldman's investor day in February. REUTERS/Brendan McDermid
Warren Buffett's business partner, Charlie Munger, would be a lot richer today if he hadn't sold or donated over 75% of his Berkshire Hathaway stock.Quite a few insiders have dramatically grown their holdings in Bank of Montreal over the past 12 months. An...Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Alimentation Couche Tard stock has a very high dividend-growth rate.
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