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Goldman Sachs announces revamp after Q3 profit falls by 44%
short by Srishty Choudhury / on Wednesday, 19 October, 2022
After the Goldman Sachs Group reported a 44% slump in third-quarter profit, the company said it will reorganise its business into three units—asset and wealth management, global banking and markets and platform solutions. The company said its consumer unit will be folded into two separate businesses—wealth management and the newly-created platform solutions unit.
read more at Reuters