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Goldman Sachs' Profits Decline as Retail Banking Pullback Takes Toll

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Source: Financial Times
TL;DR

Goldman Sachs reported a 36% drop in profits after scaling back its retail banking operations, reflecting the impact of the bank's strategic shift away from consumer lending.

Topics:top-newsbusiness#business#drop#goldman-sachs#profits#pullback#retail-banking
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  2. Goldman Sachs tops estimates on stronger-than-expected bond trading  CNBC
  3. Goldman's profit declines amid costly retreat from consumer banking  Yahoo Finance
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  5. Goldman Traders Help Counter Real Estate Losses, Stagnant M&A  Bloomberg

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