Goldman Sachs in a dance to regain its mojo
The firm is hoping greater transparency will translate into more credit from investors
29 January 2020 - 18:45
Goldman Sachs Group’s new leadership is looking to lure investors with a fresh promise of growth as Wall Street’s once-dominant firm tries to regain its lustre.
The firm’s goal for return on equity is more than 13% over the “medium term”, which it defined as three years, Goldman Sachs said on Wednesday at its first-ever investor day. That’s up from the 11.5% it posted in 2019, excluding litigation charges...
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