Goldman to Cut Hundreds More Jobs as Consumer Unit Scaled Back

Goldman Sachs Group headquarters in New York, US, on Wednesday, June 15, 2022. The Securities and Exchange Commission is looking into whether some investments for the funds are in breach of ESG metrics promised in marketing materials, one of the people said.

Investors Grow More Confident Fed Will Pull Off a Soft Landing

Now, a growing crowd is betting on exactly that happening. Mutual funds and hedge funds managing roughly $4.8 trillion in assets have been putting money into stocks that stand to benefit from inflation cooling, interest rates going down and the U.S. economy avoiding a recession, according to an analysis by Goldman Sachs Group Inc. The … Read more

Goldman to cut poor performers in annual cull

In a return to pre-pandemic practice of hiving off low-performing staffers from the bank, Goldman Sachs is set for a round of job cuts. The US investment bank is set to axe jobs in plans that could trigger the earliest layoffs as soon as next week, The New York Times reported, according to people familiar with the … Read more