Goldman Sachs May Sell Investment-Advisory Business

Goldman Sachs is considering selling its personal financial management business, United Capital, which it acquired in 2019. The business has seen limited growth, and the bank faces challenges in its consumer strategy. Additionally, Goldman Sachs is dealing with morale issues and CEO David Solomon's leadership amidst these changes. The media's role and internal sources are also discussed.

What was the primary reason for Goldman Sachs considering the sale of United Capital?

• Lack of growth in assets

• Significant growth in assets

• Increased competition

• High employee turnover

What was the main goal of Goldman Sachs' strategy involving Ayco?

• To enter new markets

• To expand their wealth business

• To reduce operational costs

• To increase employee satisfaction

Which business did Goldman Sachs acquire for $2.2 billion in 2021?

• Financial Times

• Green Sky

• United Capital

• Ayco

What is the current stance of Goldman Sachs' board regarding CEO David Solomon?

• They have withdrawn their support

• They continue to support him

• They are undecided

• They are considering replacing him

What is the general perception of the media's role in Goldman Sachs' current situation?

• The media is ignored completely

• The media is praised for accurate reporting

• The media is seen as a supportive ally

• The media is blamed for external noise