Eyeing a better funding mix, Goldman gobbles up deposits

Goldman Sachs maintained its pursuit of deposits in 2018 as part of a strategy to shake up its funding profile.

The US investment bank reported that deposits comprised one-quarter of its total funding at end-December 2018, up from 23% a year prior and just 17% at end-2014. Total deposits increased 14% to $158 billion on the year, and have grown a whopping 90% since 2014.

The share of unsecured short-term debt as a percentage of total funding was 7% at end-2018, down from 8% a year ago and 9%

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