Goldman Reveals Scope Of Losses In Unit Housing Apple Card

Headed into Q4 results due next week, Goldman investors were warily eying "Platform Solutions." The new unit came about as a result of the bank's latest corporate remix (there's a bad David Solomon joke in there) revealed in October. Technically, the shakeup counts as the third reorganization in four years, but in some ways it looks like a rolling back of the last reshuffle. Asset management and private wealth will be rolled up, as will IB and Markets, while the consumer unit will be split int