Saturday, September 28, 2019

Does Goldman have a strategy?


The WSJ (Sept. 2019) reports the trouble Goldman Sachs is having adding consumer banking to its previous core businesses of trading and deal making. Questions arise.

  1. To what did GS say"NO" previously?
  2. To what does GS say "NO" now?
  3. Are the activities on which to focus for trading and deal making the same activities on which to focus for consumer banking?

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