Goldman Sachs increased its investment in tech in the third quarter amid headcount reductions to boost operational efficiency and cost savings.  The $2.6 trillion investment banking company said today that its tech spend increased to $468 million in Q3, up 2% year over year. Goldman said in February that it wanted to cut payroll expenses […]

Vaidik Trivedi

Source link

You May Also Like

Citigroup shares rise after first-quarter revenue tops expectations

Citigroup reported rising net income and better-than-expected revenue for the first quarter,…

Morgan Stanley delivered a solid quarter, despite gathering macroeconomic clouds

Club holding Morgan Stanley (MS) reported better-than-expected first-quarter results on Wednesday, even…

Opinion | Commercial Real Estate Is in Trouble. Here’s What to Focus On.

When Jerome Powell, the chair of the Federal Reserve, appeared on “60…

Banc of California and PacWest to merge into new firm called Pacific Western

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via…