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Goldman says it is ahead of schedule on $5 billion revenue goal


By Matt Scuffham

(Reuters) - Sachs Group Inc is ahead of its goal to generate $5 billion in additional annual revenue by 2020, having already achieved half that amount in the first nine months of this year, the Wall Street said on Monday.

has made headway on plans to lend more to consumers and big businesses, and improve revenue from trading, and asset management, according to a presentation given by at an industry conference in The $5 billion target is "not the limit" of the bank's ambitions, he said, citing other growth opportunities.

(Reporting by Matt Scuffham; Writing by Lauren Tara LaCapra; Editing by Chizu Nomiyama)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 05 2018. 20:32 IST