Stephen Scherr

Goldman Profit Dives on Big Investment Losses
Financial Performance

Goldman Profit Dives on Big Investment Losses

“We were on a good roll through January and February. Then came March," CFO Stephen Scherr says.
By Matthew Heller | April 16, 2020
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Goldman Reorganizes to Highlight Retail Shift
Strategy

Goldman Reorganizes to Highlight Retail Shift

The changes to Goldman's business segments showcase "how digitally focused and consumer focused the Wall Street titan has become."
By Matthew Heller | January 7, 2020
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Goldman Workers Feel Pinch of Digital Shift
Investment Banking

Goldman Workers Feel Pinch of Digital Shift

The bank set aside 35% of its revenue for staff compensation and benefits so far this year, the lowest since at least 2009.
By Matthew Heller | October 17, 2019
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Goldman Shares Dip 3.8% on Q1 Revenue Miss
Investment Banking

Goldman Shares Dip 3.8% on Q1 Revenue Miss

The bank's first revenue miss in two years reflected what CEO David Solomon called a “challenging” trading environment.
By Matthew Heller | April 15, 2019
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Scherr Named Goldman CFO in Big Reshuffle
People

Scherr Named Goldman CFO in Big Reshuffle

Incoming CEO David Solomon adds Goldman veteran Stephen Scherr to his team as he prepares for the challenge of succeeding Lloyd Blankfein.
By Matthew Heller | September 14, 2018
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Goldman Boosts Digital Banking With Clarity Buy
Technology

Goldman Boosts Digital Banking With Clarity Buy

The purchase of money-management app Clarity Money continues Goldman's push to expand the services offered by its Marcus digital banking arm.
By Matthew Heller | April 16, 2018
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