Watch: Goldman Sachs' revenue and profit dropped in Q1, but johnsfoley spots some good news too: Stable activities like lending make up more of the bank's business, and customer deposits are reducing funding costs. Both should eventually boost returns.
The investment bank’s revenue and profit dropped in the first quarter, but John Foley spots some good news too: Stable activities like lending make up more of Goldman’s business, and customer deposits are reducing funding costs. Both should eventually boost returns.
The investment bank’s revenue and profit dropped in the first quarter, but John Foley spots some good news too: Stable activities like lending make up more of Goldman’s business, and customer deposits are reducing funding costs. Both should eventually boost returns.https://reut.rs/2IA4trg
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
To win re-election, Indonesia's president has betrayed his principlesDespite a stable economy and popular policies, Jokowi's re-election campaign has demonstrated a cynical side
Read more »
How We Can Make Our Power Grids More Stable And ResilientIt’s a classic supply-demand imbalance. Global energy demand is forecast to rise over the next 20 years, but fossil fuels — currently the principal source of power generation — cannot meet growing needs.
Read more »
Here's how Sweden deals with super high taxes, without costing the economyHere's how Sweden handles both high taxes and stable levels of economic growth.
Read more »
Goldman Sachs supertanker starts to turnThe Wall Street firm’s revenue shrank in the first quarter, but its shift from investment banking is gaining speed. Goldman gets $6 of every $10 in revenue from stable business lines, including interest. Boss David Solomon has more to trim, but what’s underneath is encouraging.
Read more »
Dalai Lama hospitalized with chest infectionThe Dalai Lama has been hospitalized with a chest infection but is in a stable condition, his aides say
Read more »
Biden’s bulldogs give him an edge in 2020The former vice president and likely 2020 candidate has a stable of as many as a dozen senators and still more in the House who are prepared to vouch for him when he inevitably comes under siege
Read more »
Dalai Lama, 83, hospitalized with chest infectionTibetan spiritual leader the Dalai Lama was admitted to a New Delhi hospital on Tuesday with chest infection, an aide said, adding that the 83-year-old Buddhist monk was stable. The Dalai Lama, who fled to India in early 1959 after a failed uprising against Chinese rule, lives in exile in the northern
Read more »
Breakingviews TV: Banker wantedWells Fargo avoided Congress’s grilling of bank CEOs Wednesday because it’s still looking to replace Tim Sloan, who resigned last month. A competent leader from an outfit like PNC Financial would be better than pricey talent from the likes of...
Read more »
Breakingviews TV: Uber arrivesRide-hailing service Uber Technologies is finally set to reveal its public stock offering documentation. That could include a valuation of up to $100 billion. As Robert Cyran explains, investors in Uber and already-listed Lyft need to take leaps of...
Read more »