Goldman Sachs Is the Largest Bank Leveraged to Capital Markets Activity
Goldman Sachs is refocusing the initiatives it’s been working on the previous several years. At its 2023 investor day, it emphasized three priorities. In its investment banking and trading business, it wants to maximize client wallet share and grow its financing business. In asset and wealth management, it wants to grow its management fees, including in wealth management and raising third-party capital for its alternatives business. In its new platforms business, it wants to scale and achieve profitability.