From the Consumer Banking Letter - Goldman rumored acquisitions

Discussion in 'Wall St. News' started by ETJ, Nov 26, 2019.

  1. ETJ

    ETJ

    Reports: Goldman Sachs execs ponder major moves
    According to reports, Goldman Sachs executives are considering acquiring E-Trade Financial Corporation and a possible merger with US Bank. Both deals would be major moves for Goldman, as US Bank now has more than 18 million customers and 3,000 branches, while the retail brokerage E-Trade manages assets worth $346 billion.
     
  2. gaussian

    gaussian

    We should probably be a little worried about all of the recent consolidation in brokerages and banks.