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David Solomon - 2 Goldman Sachs - 2 Goldman - 2 GreenSky - 2 Solomon - 2 retrench - 1 Read - 1 David Solomon’s - 1
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Sixth - 2 KKR - 2 Bayview Asset Management - 2 Bloomberg Television - 1 Goldman Sachs Financial Services - 1 Apple Card - 1 New York Stock Exchange - 1 REUTERS - 1

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2 mentions found


☆ Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky
  + stars: | 2023-10-11 | by ( Hugh Son | ) www.cnbc.com   time to read: +2 min
David Solomon, CEO of Goldman Sachs, during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York on Dec. 6, 2022. Goldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky to a group of investors led by private equity firm Sixth Street. The move is the latest step CEO David Solomon has taken to retrench from his ill-fated push into retail banking. Goldman also sold a wealth management business and was reportedly in talks to offload its Apple Card operations. Read more: Goldman Sachs faces big write down on CEO David Solomon’s ill-fated GreenSky deal
Persons: David Solomon, Goldman Sachs, Goldman, retrench, GreenSky, Solomon, Read, David Solomon’s Organizations: Bloomberg Television, Goldman Sachs Financial Services, Sixth, Apple Card, KKR, Bayview Asset Management Locations: New York, Banc, California
☆ Goldman Sachs agrees to sell GreenSky to Sixth Street-led consortium
  + stars: | 2023-10-11 | by ( Saeed Azhar Niket Nishant | Saeed Azhar | Niket Nishant | ) www.reuters.com   time to read: +2 min
The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Oct 11 - Goldman Sachs (GS.N) has agreed to sell GreenSky, its home improvement lender, and associated loans to a consortium led by investment firm Sixth Street Partners, it said on Wednesday. The charge on earnings equates to about $62 million, according to Reuters calculations based on Goldman Sachs' outstanding shares. Goldman Sachs declined to comment on the price. "We plan to continue the company's legacy of driving growth through enhanced technology and great user experiences," said Alan Waxman, co-founder and CEO of Sixth Street.
Persons: Goldman Sachs, Brendan McDermid, Goldman, David Solomon, Solomon, Alan Waxman, GreenSky, Saeed Azhar, Niket, Lananh Nguyen, Leslie Adler, Diane Craft Organizations: New York Stock Exchange, REUTERS, Sixth Street Partners, Wall Street, Street Journal, Sixth, KKR, Bayview Asset Management, Pacific Investment Management Co, Investments, Thomson Locations: New York City, U.S, Bayview, Bengaluru
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