Reuters reported exclusively that after Goldman Sachs Group Inc told investors more than two years ago that it would find $5 billion in fresh annual revenue by 2020, the bank is preparing to move away from that goal to focus on a wider range of metrics. Reuters sources said the new targets, to be outlined by Chief Executive David Solomon’s management team in January at Goldman’s first-ever investor day, could include a broad efficiency ratio and profitability measures.
Reuters reveals Goldman Sachs plans shift from revenue goal at first investor day
11 November 2019, 12:00 am 1 minute
Type: Reuters Best