The Investment Banking segment will include financial advisory,
debt and equity underwriting as well as corporate lending activities. Global
Markets will comprise of Fixed Income, Currency and Commodities (FICC) and
Equities.
The Asset Management division will include equity
investments, lending and activities related to the management of institutional
and third-party assets. The Consumer & Wealth Management segment includes consumer
banking and wealth management.
In the third quarter of 2019, Goldman Sachs reported revenue declines across all its segments except for Institutional Client Services. The Investment Banking and Investing & Lending divisions posted double-digit declines while Investment Management dipped 2%.
The company is scheduled to report its fourth quarter 2019 results on January 15. Analysts have projected earnings of $5.51 per share on $8.5 billion.