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Tag: reports

Goldman reports lackluster wealth management results

Posted on October 20, 2023 by Thomas Powell

Despite having a record haul from management fees in the third quarter, Goldman Sachs’ Asset and Wealth Management division saw a 20% decline in its net revenues. That plummet was primarily due to losses in both public and private equity investments, much of the latter in real estate. With its 20% year-over-year drop, Goldman’s net…

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