Mergers, Acquisitions and Divestitures – Page 24

Goldman Sachs’ Marcus Consumer Banking Move Turns Costly

Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown.

Now how’s that for a plot twist?

The company has discussed selling some user names through online auctions, people with knowledge of the plans said.

An owner’s struggle in Japan’s northern dairy region illuminates one of the potentially devastating economic impacts of an aging society.

Mergers and acquisitions activity plunged in the second half of 2022, but there are signs that it could pick up again next year.