Business

Goldman Sachs had a ‘miserable’ quarter – but broader market destruction could be imminent


Goldman book (GS) – Get a free report report dismal Q4 2022 earnings January 17. The bank may not be alone, with friends investment bank Morgan Stanley (TEACHER) – Get a free report also reported a drop in profits, but its shocking divergence captured headlines around the financial world.

“We tried to do too much and too fast,” said CEO David Solomon. earnings call. “I think maybe in some places we just don’t have the talent needed to perform the way we want to.”

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