Tag: goldman
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Goldman Sachs’ Co-Head of Trading and Investment Banking Announces Retirement, Marks Shifting Landscape
Co-head of Global Banking and Markets Division Leaving the Wall Street Giant Jim Esposito, a key figure at Goldman Sachs, is planning to retire after a distinguished career spanning nearly 30 years with the renowned bank. Esposito, who currently serves as co-head of Goldman’s global banking and markets division alongside Dan Dees and Ashok Varadhan, […]
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Red Sea Disruptions Drive Freight Costs Soaring, Inflation Impact Remains Muted
Goldman Sachs Discusses Impact on Inflation According to Goldman Sachs, while the spike in international shipping costs has raised concerns about inflation, the impact is expected to remain moderate. Inflation in the US has cooled down from its four-decade highs, but there are apprehensions that prices could tick higher due to attacks by Iran-linked militants. […]
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Goldman Sachs Faces Costly Exit as Apple Credit Card Partnership Turns Unprofitable
Introduction Goldman Sachs is set to exit its four-year partnership with Apple on the credit card venture due to concerns of high risk and unprofitability. Bidders interested in purchasing Goldman’s share will likely pressure the bank to lower the stake’s value, making it more appealing. However, financial details of the card business are not publicly […]