Business Insider Goldman Sachs Wework

Wework said that the credit.

Business insider goldman sachs wework. Goldman sachs has set up a disaster recovery trading floor in a wework office space in london. Robinhood the popular stock trading app has hired goldman sachs to lead its initial public offering next year reuters reported on tuesday. Goldman also has a.

Goldman sachs watched its equity investments in uber and wework eat away profits in the third quarter. Though the bank was. Goldman sachs could take 264 million wework writedown business insider morgan stanley analysts estimate goldman sachs will report a wework related blow when the bank releases.

Now ceo david solomon is saying companies need to focus more on making money. Goldman over the summer began moving into its new 1 2. Goldman sachs one of the top underwriters on wework s aborted initial public offering last month sold down its stake in the coworking company in the run up to its planned ipo according to a.

The co working company has announced a 6 billion debt financing plan that. Business insider also reported that morgan stanley analysts said that g oldman sachs could take a 264 million hit on its wework stake. The site is near the bank s new headquarters in farringdon in central london.

However the bank said the investment remains profitable. Goldman sachs took an 80 million hit from its investment in wework as the coworking giant s valuation plummeted the bank s cfo stephen scherr said in an earnings call. Goldman sachs one of the top underwriters for wework s ipo revealed an 80 million write down on its stake in the company this week.