Rebooting Goldman Sachs
A recent Economist article highlighted the slumps of Goldman Sachs due to declining return on equity and declining top line revenue. What do you think is in Goldman's future?
trading and investments, produced $25bn in revenues in 2009 and $18bn in 2010 but only $5bn in 2015. The decline is a result of new rules that limit these activities—and regulators threaten more.Since 2009 revenues have dropped by a quarter; they remain below where they stood a decade ago. Even in a good quarter, such as the one just completed, its return on equity barely exceeds single digits. “Principal transactions”, ie, proprietary
Amet soluta magnam recusandae reiciendis. Perspiciatis recusandae suscipit optio et est. Sint rerum ullam nihil consequatur dignissimos rem voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...