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Goldman Sachs revises loss for platform solutions unit to $1.2 billion

(Reuters) -Goldman Sachs Group Inc on Friday revised its pre-tax loss related to its newly formed platform solutions unit for the first nine months of 2022 to $1.2 billion, the...
Goldman Sachs revises loss for platform solutions unit to $1.2 billion © Reuters. The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly
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(Reuters) -Goldman Sachs Group Inc on Friday revised its pre-tax loss related to its newly formed platform solutions unit for the first nine months of 2022 to $1.2 billion, the bank said in a regulatory filing.

The figure added to losses of $1.05 billion in 2021 and $783 million in 2020, according to the revised financial statements.

The unit houses its transaction banking, credit card and financial technology businesses.

In a major restructuring in October, Goldman folded its consumer business, Marcus, into wealth management and created the platform solutions unit, which included GreenSky, the fintech lender Goldman bought in a $2.2 billion deal.

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07-06-2023 05:26:24 (UTC+7)

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+0.0002 (+0.02%)

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USD/JPY

139.59

-0.05 (-0.03%)

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Neutral

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AUD/USD

0.6672

+0.0001 (+0.01%)

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EUR/JPY

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    EUR/USD 1.0696 ↑ Buy  
    GBP/USD 1.2425 Neutral  
    USD/JPY 139.59 Neutral  
    AUD/USD 0.6672 ↑ Sell  
    USD/CAD 1.3401 ↑ Sell  
    EUR/JPY 149.29 Buy  
    EUR/CHF 0.9705 ↑ Sell  
    Gold 1,980.30 ↑ Buy  
    Silver 23.677 ↑ Buy  
    Copper 3.7665 ↑ Sell  
    Crude Oil WTI 71.67 ↑ Buy  
    Brent Oil 76.12 Sell  
    Natural Gas 2.266 ↑ Buy  
    US Coffee C 184.08 ↑ Buy  
    Euro Stoxx 50 4,295.22 Sell  
    S&P 500 4,283.85 Buy  
    DAX 15,992.44 ↑ Sell  
    FTSE 100 7,628.10 ↑ Sell  
    Hang Seng 19,099.28 ↑ Buy  
    Small Cap 2000 1,856.34 ↑ Buy  
    IBEX 35 9,310.80 ↑ Buy  
    BASF 46.760 ↑ Sell  
    Bayer 52.28 ↑ Buy  
    Allianz 210.50 Sell  
    Adidas 159.68 Neutral  
    Lufthansa 9.141 ↑ Buy  
    Siemens AG 158.36 Neutral  
    Deutsche Bank AG 9.784 Neutral  
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