Exclusive-Goldman Sachs to cut asset management investments that weighed on earnings

Exclusive-Goldman Sachs to cut asset management investments that weighed on earnings

Upworthy

Published

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings, an executive told Reuters. The Wall Street giant plans to divest its positions over the next few years and replace some of those funds on its…

#goldmansachsgroupinc #juliansalisbury #goldmansachs #salisbury #goldman #marknarron #northamerican #fitchratings #federalreserve

Full Article