Goldman +2.4% as new investment co-chief picked, investing app developments [Seeking Alpha]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Seeking Alpha
Goldman Sachs (NYSE: GS ) gains in midday trading amid news that it's promoting Dan Dees to help run Wall Street's top investment-banking operation and that rivals are lining up to take stakes in its Simon investing app. Dan Dees, who currently leads the bank's tech, media and telecom group, will join Gregg Lemkau and Marc Nachman in running Goldman's most profitable business, Bloomberg reports, citing people with knowledge of the matter. The move continues management reshuffling as David Solomon prepares to take over as CEO. Meanwhile, Goldman, which is considering spinning off its Simon app for selling complex investment products, is in talks with JPMorgan ( JPM ), Barclays ( BCS ), HSBC Holdings ( HSBC ), Credit Suisse ( CS ), Wells Fargo ( WFC ), and Prudential Financial ( PRU ) for stakes in the business, CNBC reports, citing a source familiar with the matter. The potential deal is said to value Simon at about $100M. Morgan Stanley and Ba
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GS
Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- GS's page on the SEC website