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Goldman Sachs is creating a new consumer finance division - and it's part of a goal to take on wealth management giants

GOLDMAN SACHS IS CREATING A NEW CONSUMER FINANCE DIVISION - AND IT'S PART OF A GOAL TO TAKE ON WEALTH MANAGEMENT GIANTS

Goldman Sachs is creating a new, combined consumer and investment management division, according to a memo on Monday. The new unit...

'You are messing with the wrong guy': The CEO of Cleveland-Cliffs eviscerates Goldman Sachs analyst and short sellers

'YOU ARE MESSING WITH THE WRONG GUY': THE CEO OF CLEVELAND-CLIFFS EVISCERATES GOLDMAN SACHS ANALYST AND SHORT SELLERS

Cleveland-Cliffs CEO Lourenco Goncalves took time out of his company's third-quarter earnings call to attack a Goldman Sachs analyst...

 
 
 
Post-IPO Chat With CEO of Anaplan As Its Trading Price Surge Holds

POST-IPO CHAT WITH CEO OF ANAPLAN AS ITS TRADING PRICE SURGE HOLDS

Enterprise planning software company Anaplan pulled off its IPO in the middle of a broad market slump last week-raising $263.5 million-and...

Dropbox competitor Egnyte gets $75 million from Goldman Sachs

DROPBOX COMPETITOR EGNYTE GETS $75 MILLION FROM GOLDMAN SACHS

Five years after it last raised venture capital financing, enterprise cloud storage company Egnyte announced today that it has raised...

 
 
 
Goldman Sachs has joined George Soros and Steve Cohen in backing an Argentinian mobile banking startup

GOLDMAN SACHS HAS JOINED GEORGE SOROS AND STEVE COHEN IN BACKING AN ARGENTINIAN MOBILE BANKING STARTUP

Ualá, an Argentinian mobile banking startup, has raised $34 million in a new round of funding led by Goldman Sachs's venture unit,...

Goldman Sachs reportedly cut a key consumer lending target for next year - and it could mean the economy is due for a sharp turn

GOLDMAN SACHS REPORTEDLY CUT A KEY CONSUMER LENDING TARGET FOR NEXT YEAR - AND IT COULD MEAN THE ECONOMY IS DUE FOR A SHARP TURN

Goldman Sachs has cut loan origination targets for its consumer lending platform Marcus for 2019, according to a Bloomberg report. The...

 
 
 
A team of traders at Goldman Sachs made $100 million betting on natural gas, and it fueled a huge comeback for the Wall Street bank

A TEAM OF TRADERS AT GOLDMAN SACHS MADE $100 MILLION BETTING ON NATURAL GAS, AND IT FUELED A HUGE COMEBACK FOR THE WALL STREET BANK

Goldman Sachs racked up $100 million in the first half trading natural gas, thanks to trades made by Shane Lee, a Calgary-based trader,...

We tried Marcus, the new service that lets Brits bank with Goldman Sachs for as little as £1 - here's what we thought

WE TRIED MARCUS, THE NEW SERVICE THAT LETS BRITS BANK WITH GOLDMAN SACHS FOR AS LITTLE AS £1 - HERE'S WHAT WE THOUGHT

Screenshot/Will Martin/Business Insider If you're not an avid follower of British retail banking, you might not have noticed that last...

 
 
 
Friday: Employment Report, Trade Deficit and some Hiking Pictures

FRIDAY: EMPLOYMENT REPORT, TRADE DEFICIT AND SOME HIKING PICTURES

My September Employment Preview Goldman: September Payrolls Preview Friday: • At 8:30 AM, Employment Report for September. The consensus...

Citi has poached a rising star trader from $17 billion hedge fund CQS for its revamped bond-trading unit

CITI HAS POACHED A RISING STAR TRADER FROM $17 BILLION HEDGE FUND CQS FOR ITS REVAMPED BOND-TRADING UNIT

Citi group is adding more young talent to its revamped bond-trading unit. Over the summer, Citi hired 32-year-old Sam Berberian from...

 
 
 
Here's the bank where you can earn the most on Wall Street straight out of college - and it's not Goldman Sachs

HERE'S THE BANK WHERE YOU CAN EARN THE MOST ON WALL STREET STRAIGHT OUT OF COLLEGE - AND IT'S NOT GOLDMAN SACHS

PJT Partners offers first-year analysts the highest salary of any bank on Wall Street, according to a new report by job-search site...

Goldman Sachs stock trading chief Russo is leaving the bank as incoming CEO Solomon looks to his inner circle

GOLDMAN SACHS STOCK TRADING CHIEF RUSSO IS LEAVING THE BANK AS INCOMING CEO SOLOMON LOOKS TO HIS INNER CIRCLE

Goldman Sachs Goldman Sachs' equities chief Paul Russo, who has run the business since 2012, is leaving the firm. The departure comes...

 
 
 
'I'm just ready for this to be over': North Carolina residents dig out from Hurricane Florence, with 7,800 people still in shelters and 161,000 without power

'I'M JUST READY FOR THIS TO BE OVER': NORTH CAROLINA RESIDENTS DIG OUT FROM HURRICANE FLORENCE, WITH 7,800 PEOPLE STILL IN SHELTERS AND 161,000 WITHOUT POWER

AP Photo/David Goldman Residents of North and South Carolina are worn out by the impact of Hurricane Florence, which has brought volatile...

Goldman just promoted a star tech banker close to Tesla and Microsoft to co-head one of its most profitable businesses, as incoming CEO Solomon makes his mark

GOLDMAN JUST PROMOTED A STAR TECH BANKER CLOSE TO TESLA AND MICROSOFT TO CO-HEAD ONE OF ITS MOST PROFITABLE BUSINESSES, AS INCOMING CEO SOLOMON MAKES HIS MARK

Dan Bigelow/Photo courtesy of Goldman Sachs Goldman Sachs has named technology banker Dan Dees to co-head its investment banking group. The...

 
 
 
The US Government Needs to ‘Take a Position' on Video Game Trade With China, Says Take-Two CEO

THE US GOVERNMENT NEEDS TO ‘TAKE A POSITION' ON VIDEO GAME TRADE WITH CHINA, SAYS TAKE-TWO CEO

Take-Two Interactive CEO Strauss Zelnick said during a recent Goldman Sachs conference that although the US-based publisher has a “small,...

 
 
 
Goldman Sachs' head of HR says an 'underrated' factor should make a big difference in which job you choose - especially if you're going to be logging long hours

GOLDMAN SACHS' HEAD OF HR SAYS AN 'UNDERRATED' FACTOR SHOULD MAKE A BIG DIFFERENCE IN WHICH JOB YOU CHOOSE - ESPECIALLY IF YOU'RE GOING TO BE LOGGING LONG HOURS

Dane Holmes/Goldman Sachs Goldman Sachs ' head of human resources, Dane Holmes, spoke to Goldman interns this summer about his best...

After a major shakeup, here's the new top leadership at Goldman Sachs - and it signals the rise of bankers over traders

AFTER A MAJOR SHAKEUP, HERE'S THE NEW TOP LEADERSHIP AT GOLDMAN SACHS - AND IT SIGNALS THE RISE OF BANKERS OVER TRADERS

Goldman Sachs announced a big shakeup on Thursday as incoming CEO David Solomon cements his new leadership team before taking over...

 
 
 
Goldman Sachs announces major leadership shakeup as incoming CEO David Solomon picks his team

GOLDMAN SACHS ANNOUNCES MAJOR LEADERSHIP SHAKEUP AS INCOMING CEO DAVID SOLOMON PICKS HIS TEAM

Goldman Sachs named John Waldron as president and chief operating officer, effective Oct. 1, according to an internal memo sent to...

GOLDMAN SACHS: Apple's new XR model is cheaper than we expected and it likely means Apple Pay enhancements are coming

GOLDMAN SACHS: APPLE'S NEW XR MODEL IS CHEAPER THAN WE EXPECTED AND IT LIKELY MEANS APPLE PAY ENHANCEMENTS ARE COMING

Apple 's iPhone XR model pricing is "below expectation," Goldman Sachs says. The $749 selling price for iPhone XR with 64GB of storage...