Goldman Sachs reportedly warns of $1.2B loss from consumer banking unit - New York Post

6/28/2022 12:00:00 AM2 years 10 months ago
by Lydia Moynihan
by Lydia Moynihan
Goldman Sachs’ internal projections show the bank’s consumer unit will record losses of more than $1.2 billion this year, Bloomberg News reported on Tuesday, citing people with knowledg…
Goldman Sachs’ consumer banking unit which Chief Executive David Solomon previously has likened to Amazon’s cloud computing juggernaut AWS for its growth potential will suffer hefty losses this year,… [+1716 chars]
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