Tag: greensky

Goldman tech spend up 5% to $1.9B | Bank Automation News

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Investment banking behemoth Goldman Sachs ramped up technology investment while pulling back on retail banking operations during the fourth quarter. The $538 billion bank’s communication and tech spend increased 5% year over year to $503 million during Q4 while its annual tech spend increased 6% YoY to $1.9 billion, the bank said Jan. 16 in […]

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Vaidik Trivedi

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January 16, 2024
Goldman Sachs headcount dips 7% YoY | Bank Automation News

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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 […]

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Vaidik Trivedi

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October 17, 2023
Goldman nears deal to sell Greensky to Sixth Street Group | Bank Automation News

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Goldman Sachs Group Inc. is in advanced talks to sell its GreenSky unit to a consortium that includes Sixth Street Partners, according to people familiar with the matter. No final decision has been made and discussions could fall through, said the people, who asked to not be identified because the matter isn’t public. The group […]

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Bloomberg News

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September 20, 2023