Goldman Sachs reposted this
We are pleased with our solid second quarter results and our overall performance in the first half of the year, reflecting strong year-on-year growth in both Global Banking & Markets and Asset & Wealth Management. Our One Goldman Sachs operating approach is allowing us to bring the whole firm to our clients, deepening our relationships and serving them in an improving, but complex environment.
How much of your profits were shared with your lowest paid employees?
No one can question the value that Goldman and JP add for their customers. Where would we be without them?
Congrats
A couple of years ago, Chase completed the acquisition of Frosch Travel Group. Frosch Travel was being sold to a unit of J.P. Morgan Chase for an undisclosed price. At that time, Frosch Travel Group, a giant in the travel industry was worth $2.4 Billion. This purchase was another proof of the confidence in the financial institution and the travel industry, especially after the calamity of the pandemic. Maybe, I'm wrong...I can't remember the time a legacy bank buying a travel outfit.
Hopefully this leads to the job market opening up!!!
I believe in creating long-term value for customers, shareholders and employees through your core strategic vision.
Thanks for sharing this update. It's encouraging to see the strong year-on-year growth across both GB&M and AWM. This is a positive reflection on the implementation of the One Goldman Sachs approach.
1. Impressive to see Goldman integrating advanced analytics & AI into consumer finance operations (e.g. AI for credit risk assessment, personalized financial products, fraud detection). 2. Platform Solutions segment's $669 million revenue (2% yoy growth) is likely to grow even faster. 3. Having Assets Under Supervision (AUS) of $2.93T is an incredible place to be.
Fantastic update!y,t wxz,ft5hD%x
Shipping and Receiving Manager at Logan Coatings / Owner at Prosperity Digital LLC (eCOM Hearth and Fire Experts)
1moCongrats, but what are you doing to share these profits with your employees? Pay raises? Bonuses? Extra benefits (health insurance, 401k, paid time off)?