Goldman Sachs’ new fintech unit racked up staggering £2.5bn loss since 2020

Goldman Sachs’ new fintech unit racked up staggering £2.5bn loss since 2020

City A.M.

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Goldman Sachs’s new fintech unit, Platform Solutions, lost $3bn (£2.5bn) since 2020 according to earnings reports republished by the bank on Friday. Platform Solutions – a new unit housing fintech and many of Goldman’s consumer banking products such as the Apple Card and Greensky – was announced as part of restructuring plans in October.  To [...]

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