U.S. Fed probes Goldman Sachs consumer business - WSJ

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Goldman Sachs (GS) to reduce alternative investments weighing on earnings

January 23, 2023 2:50 PM EST

Reuters reports today that Goldman Sachs (NYSE: GS) asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings.

Goldman Sachs plans to divest its positions over the next few years and replace some of those funds... More