Watch: Goldman Sachs' revenue and profit dropped in Q1, but johnsfoley spots some good news too: Stable activities like lending make up more of the bank's business, and customer deposits are reducing funding costs. Both should eventually boost returns.
The investment bank’s revenue and profit dropped in the first quarter, but John Foley spots some good news too: Stable activities like lending make up more of Goldman’s business, and customer deposits are reducing funding costs. Both should eventually boost returns.
The investment bank’s revenue and profit dropped in the first quarter, but John Foley spots some good news too: Stable activities like lending make up more of Goldman’s business, and customer deposits are reducing funding costs. Both should eventually boost returns.https://reut.rs/2IA4trg
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