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Goldman Sachs to buy GreenSky for $2.24 billion in loan expansion

Goldman Sachs to buy GreenSky for $2.24 billion in loan expansion
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Goldman Sachs To Raise Salaries Of Junior Bankers After Reports Of 'Inhumane' Workloads

Goldman Sachs To Raise Salaries Of Junior Bankers After Reports Of 'Inhumane' Workloads
ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.

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Goldman Sachs To Raise Salaries Of Its Junior Bankers

Goldman Sachs To Raise Salaries Of Its Junior Bankers
ibtimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com.au Daily Mail and Mail on Sunday newspapers.

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Better economy, merger boom boosts US bank earnings


Better economy, merger boom boosts US bank earnings
July 14, 2021
New York: Profits at Goldman Sachs leaped on a merger boom, while JPMorgan Chase´s results were boosted by the halo effect on loan quality from an improving macroeconomy, according to results released Tuesday.
The two financial heavyweights both reported soaring second-quarter profits compared with the year-ago period when large banks set aside massive provisions in case clients defaulted amid the coronavirus downturn.
But vaccines for Covid-19 and the gradual reopening of the economy have made those days seem long ago.
Consumer and wholesale balance sheets remain exceptionally strong as the economic outlook continues to improve, said Chief Executive Jamie Dimon. ....

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Goldman hires Uber executive to run its consumer bank


By Syndicated Content
May 17, 2021 | 9:55 AM
(Reuters) – Goldman Sachs Group Inc hired a top executive from Uber Technologies Inc to lead its consumer banking business, the bank said in a memo on Monday.
Peeyush Nahar joins Goldman as the global head of its consumer business, which includes its online bank, Marcus. At Uber, he was vice president of technology.
Nahar takes over Goldman’s fledgling consumer business at a time of turnover in the division that Chief Executive David Solomon has identified as a key area of growth for the bank.
He is the third global head of consumer banking since last September, when Harit Talwar stepped aside to become division chairman, giving the top job to Omer Ismail. Ismail officially took over in January, but soon left for a position at Walmart Inc’s fintech venture. ....

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