
Goldman Sachs has decided to sell its Personal Financial Management unit
Goldman Sachs Group Inc (NYSE: GS) inched up 1.0% on Monday after revealing plans of offloading its Personal Financial Management business to Creative Planning. Goldman Sachs to restore focus on ul...

Goldman Sachs Sells Off $29 Billion Investment Advisory Business
Goldman Sachs (GS) on Monday agreed to sell off its $29 billion Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).

Goldman Sachs CEO woes: A history of how the company has survived for 154 years
Yahoo Finance Reporter David Hollerith chronicles the challenges that Goldman Sachs has faced over its 154-year history compared to what CEO David Solomon is facing today.

Goldman Sachs unloads another business acquired under CEO David Solomon
Amid CEO David Solomon's push to unload or shutter several businesses tied to his retail banking plan, the high-net worth business was deemed too small.

Goldman Sachs sells wealth advisory unit to Creative Planning in strategy shift
Goldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019.

Mysterious new California city backed by some of the biggest names in Silicon Valley: report
A former Goldman Sachs trader has been quietly working to build an urban utopia in California.

Raymond James: A Diversified Financial Company
The financial services sector is known for its exposure to credit cycles and economic downturns, which affect almost all areas of the sector. One conservative stalwart in this industry is Raymond J...

Do analysts really add any value as stock pickers?
In the labyrinthine corridors of the stock market, investment analysts stand as guiding beacons, illuminating paths for both institutional and individual investors. Their recommendations, often dis...

Goldman Sachs' back-to-office directive may signal further layoffs looming
If it isn't layoffs, it could be another year of disappointing bonuses, insiders fear.

JPM, MS, GS & UBS Settle Stock Lending Lawsuit, to Pay $499M
Goldman (GS), Morgan Stanley (MS), JPMorgan (JPM) and UBS Group (UBS) settle a lawsuit alleging rigging of the stock loans market and collectively agree to pay $499 million.

Goldman (GS) Considers Selling PFM, Will Focus on Ultra-Rich (Revised)
Goldman (GS) is considering the sale of PFM, a part of its wealth management business, to focus on its ultra-high-net-worth clients. It plans to scale back its ambitions to serve the mass consumers.

Third Quarter Is Key for Goldman Sachs CEO, Cohan Says
William Cohan, Puck founding partner and author, talks about the power struggle in Goldman Sachs and what CEO David Solomon has to do to keep his job.

Goldman Sachs to Enforce Five Days a Week Office Policy
Goldman Sachs is embarking on a fresh effort to enforce its policy of working from the office five days a week. Sri Natarajan and William Cohan, author of "Money and Power: How Goldman Sachs Came t...

Goldman Sachs cancels ‘Summer Fridays,' wants staff in office five days a week
CEO David Solomon, who has been dogged by critical coverage as the bank's profits have sagged this year, has taken great pride in bringing employees back to the office.

A government shutdown is more likely than not, says Goldman Sachs' Alec Phillips
Alec Phillips, Goldman Sachs Global Investment Research chief U.S. political economist, joins 'The Exchange' to discuss the likelihood of a government shutdown, the Treasury's attempt to raise fund...
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