Business

Goldman Sachs held an investors’ day, its first in three years, amid grumbling from shareholders about the direction of the bank after a slump in profit last year. David Solomon, its chief executive, raised the possibility of selling parts of its lossmaking consumer services after it has finished scaling back the division. It has become clear “that we lacked certain competitive advantages” in the business, he said. Markets were left unimpressed by the presentation. Goldman’s share price fell after the event.