investment banking

Goldman Sachs Looks to Double Size of Private Credit Unit
Goldman Sachs Looks to Double Size of Private Credit Unit
December 11, 2023  |  Banking

Goldman Sachs is reportedly aiming to double the size of its $110 billion private credit business. That shift involves reshuffling senior executives in the unit, Marc Nachmann,...

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Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
October 12, 2023  |  Earnings

Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its...

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Report: Goldman Sachs Nearing Sale of GreenSky Unit
Report: Goldman Sachs Nearing Sale of GreenSky Unit
September 20, 2023  |  Acquisitions

Goldman Sachs is reportedly in advanced talks with possible buyers for its FinTech lender GreenSky. As the Wall Street Journal (WSJ) reported Tuesday (Sept. 19),...

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As Goldman Retreats From Retail, Consumer Loan Charge-Offs Hit 5.8%
As Goldman Retreats From Retail, Consumer Loan Charge-Offs Hit 5.8%
July 19, 2023  |  Earnings

Goldman Sachs’ retreat from Main Street banking continues — and the second quarter results showed the lingering impact. While Wall Street may be parsing the...

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Goldman Sachs to Cut Fewer Than 250 Jobs During Investment Banking Slump
Goldman Sachs to Cut Fewer Than 250 Jobs During Investment Banking Slump
May 30, 2023  |  Market Conditions

Goldman Sachs Group will be cutting fewer than 250 jobs across a range of roles. The move could be made within weeks and is the third...

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TD Bank Completes Cowen Acquisition to Deepen Investment Banking Footprint
TD Bank Completes Cowen Acquisition to Deepen Investment Banking Footprint
March 01, 2023  |  Acquisitions

Toronto-based TD Bank Group announced on Wednesday (March 1) that it has completed the acquisition of New York-based Cowen Inc. as it builds out its...

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Innovation and Trust Increase Appeal of Traditional Banks for Investors
Innovation and Trust Increase Appeal of Traditional Banks for Investors
January 19, 2023  |  Banking

For the world’s largest, most established banks, digitization is not a destination. Rather, it is an ongoing, dynamic process of change and innovation that must...

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BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
September 12, 2022  |  Personnel

Bank of America has named Mike Joo as North American head of its global corporate and investment banking (GCIB) group, which is a new role,...

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TD Bank Reportedly Close to $1B Deal for Investment Bank Cowen
TD Bank Reportedly Close to $1B Deal for Investment Bank Cowen
August 01, 2022  |  Banking

Toronto-Dominion Bank (TD Bank) is close to a deal to buy investment bank Cowen for $1 billion, sources told The Wall Street Journal. The report...

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