Goldman Sachs selling GreenSky to group led by Sixth Street, impacting Q3 earnings

Goldman Sachs is selling its fintech lending platform GreenSky to a group of investors led by Sixth Street.
The sale will result in a 19 cents per share reduction to Goldman's third-quarter earnings.
CEO David Solomon is retreating from his unsuccessful foray into retail banking.
Goldman will continue operating GreenSky until the sale closes in Q1 2024.
The buying group includes funds managed by KKR, Bayview Asset Management, and CardWorks.