Skip to main content

Market Overview

Should Goldman Sachs Go Private?

Share:
Should Goldman Sachs Go Private?

The rumor mill is generating a new round of commentary around the idea of Goldman Sachs Group Inc (NYSE: GS) going private.

Spin-Off Potential

In a conversation with Benzinga, Brean Capital's Peter Tchir said there is the potential for Goldman to spin off its investment banking unit.

Related Link: Goldman Sachs Looks Forward To 2015 With 10 Top Themes

Theoretically speaking, if Goldman were to go private and break away from its bank holding designation, the firm would stand to avoid the restrictions placed on banks trading and storing commodities, proprietary trading operations and lending operations.

The Other Side

Twitter, meanwhile, shed more light on the rumor.

Doug Kass of Seabreeze Partners Management shared his response to Tchir's thoughts:

A Third Opinion

Anand Sanghvi, head trader and founder of Sang Lucci Trading, said the bank could "feed the risk to its traders."

As a trader of Goldman's common equity, he added that the prospect of the bank going private made him "super bullish" because of its gifted traders and near-standalone ecosystem.

Shares of Goldman Sachs are down 0.37 percent on Tuesday afternoon.

Latest Ratings for GS

DateFirmActionFromTo
Apr 2021BMO CapitalMaintainsOutperform
Apr 2021DA DavidsonMaintainsNeutral
Apr 2021BarclaysMaintainsOverweight

View More Analyst Ratings for GS
View the Latest Analyst Ratings

 

Related Articles (GS)

View Comments and Join the Discussion!

Posted-In: Analyst Color News Rumors Analyst Ratings Trading Ideas Best of Benzinga

Latest Ratings

StockFirmActionPT
FIBKStephens & Co.Downgrades
LEAFCanaccord GenuityDowngrades8.5
AGMSidoti & Co.Downgrades115.0
KEXGabelli & Co.Downgrades
OCGNCantor FitzgeraldDowngrades11.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com