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Stock impact report

Exclusive: Goldman Sachs plans shift from revenue goal at first investor day [Reuters]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Reuters
Exclusive: Goldman Sachs plans shift from revenue goal at first investor day - Reuters 4 Min Read NEW YORK (Reuters) - More than two years ago, Goldman Sachs Group Inc ( GS.N ) told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal to focus on a wider range of metrics. The new targets, to be outlined by Chief Executive David Solomon’s management team in January at Goldman’s first-ever investor day, could include a broad efficiency ratio and profitability measures, four sources familiar with the matter said. They could also include narrower items, such as goals for Goldman’s fledgling retail bank, Marcus, according to some of the sources, who spoke on condition of anonymity. The change of focus signals that Goldman wants to match rivals that disclose progress toward broader targets, and satisfy demand among investors for transparency across all the bank’s businesses, according to the sources, who cautioned that plans for th Show less Read more
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