Cost Cutting, Investment Banking | featured news

Goldman profit tops estimates; raises dividend

Goldman Sachs Group Inc reported higher-than-expected quarterly earnings thanks to aggressive cost-cutting and strong investment banking and trading revenues, and the Wall Street bank raised its dividend.

 

Goldman may cut additional jobs and costs: report

Goldman Sachs Group Inc may cut $1.45 billion in expenses by year's end, $250 million more than it indicated in July, in a move that could lead to more job cuts, according to The New York Times.

 

Subscribe to this RSS topic: Syndicate content