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The Wall Street bank is leaning into its strengths in catering to the world's wealthiest through One Goldman Sachs, as it pivots away from a messy consumer business that disappointed investors.
Investors await a fresh narrative at Goldman Sachs' second-ever investor day.
“Sometimes we fall short. Sometimes we don’t execute,” Goldman’s boss David Solomon told investors at the company’s New York headquarters.
The bank will try to convince investors that its Asset and Wealth Management arm is poised to make Goldman more competitive.
Some of the lumber that was left from the iconic oak tree featured in "The Shawshank Redemption" is now at the center of a civil suit.