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

In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.

By: CNBC

Sep 10 2024
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Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a conference that… [+940 chars]

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