Goldman flexibility to extend forbearance at a higher rate with less of an effect on its bottom line. That benefit is also reflected in Goldman's smaller loan loss reserves relative to competitors like JPMorgan Chase and Wells Fargo .
To maintain its deposit momentum going forward, Goldman should identify new incentives for its high-yield savings account, as interest rates continue to decline. Goldman's consumer business is still young, and it has big
Source: News Formal (newsformal.com)
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