Goldman Sachs doesn’t want to Be everyone’s bank, but it has to be someone’s
Telis Demos , The Wall Street Journal 6 min read 04 Mar 2023, 09:42 PM IST
- Wall Street’s most elite firm spent spent years trying to be a bank for the masses. As CEO David Solomon dials back that costly experiment, an identity crisis looms
Goldman Sachs Group Inc. has admitted defeat in its ambitious plan to be the bank for everybody. Now it has to figure out how to be a bank for somebody.