Goldman Sachs' trading revenue will probably slip 10% in the third quarter because of sluggish conditions last month, CEO David Solomon said on Monday.
September 09, 2024
U.S. stocks could drop by between 10% and 13% this year, dragged down by a selloff in seven mega-cap stocks that previously pushed broader markets to record highs,
July 30, 2024
Goldman Sachs Asset Management, a unit of Goldman Sachs Group, aims to expand its private credit portfolio to $300 billion in five years from the current $130
April 26, 2024
Bank of America expects its investment banking revenue to rise by 10% to 15% in the first quarter from a year earlier, while its net interest income could come in
April 26, 2024
Goldman Sachs CEO David Solomon said on Tuesday the firm will raise its ninth private equity fund this year.
July 02, 2024
Bank of America's bonus pool for investment bankers will range from steady to 3% lower for 2023 under pressure from a slowdown in dealmaking, but star performers
April 26, 2024
JPMorgan Chase shuffled executives in its investment banking and consumer units, broadening the experience of top leaders, according to a filing Thursday.
April 26, 2024
Bank of America will give stock awards to employees who earn $500,000 or less, or about 97% of its workforce, according to a memo seen by Reuters.
January 25, 2024
U.S. regional banks have a tougher road to growing profits in 2024 as they face pressure to pay more to depositors versus larger peers while demand from borrowers
April 26, 2024
Goldman Sachs has hired former Wells Fargo executive Paul Camp as its new head of transaction banking, according to a memo seen by Reuters.
April 26, 2024
Goldman Sachs will promote 608 executives to managing directors next year, fewer than the 643 senior bankers it elevated two years ago, according to a company memo.
April 26, 2024
Goldman Sachs' asset management arm hired Gregory Weiss from BlackRock to lead a business that sells managed accounts and index products to wealth managers.
April 26, 2024
Goldman Sachs appears headed to another set of weak quarterly earnings as deal-making lags and the bank retreats from a loss-making consumer business.
April 26, 2024
Chris Kojima, a Goldman Sachs executive in the asset and wealth management unit, will leave the investment bank at year-end after almost 28 years, an internal memo
April 26, 2024
Goldman Sachs aims to double its lending over the next five years to ultra-wealthy private bank clients with account sizes exceeding $10 million, as it gathers more
June 28, 2024
A former managing director at Citigroup sued the bank and its chief operating officer on Wednesday, alleging she was fired for opposing what she said were attempts
May 22, 2024
U.S. investment bank Goldman Sachs is muscling into the lending market for private equity and asset managers, planning an overseas expansion as it helps fill a void
June 03, 2024
Goldman Sachs said on Tuesday it had appointed Robert Kaplan, the former president of the Federal Reserve Bank of Dallas, as its vice chairman, adding an influential
May 07, 2024
GM to begin laying off about 1,700 workers at Kansas plant, WARN notice shows
Ireland drops plans for hate speech law, minister says
Trump explains why he will not accept CNN debate against Harris
Russia says it will take no part in follow-up to 'peace summit'
France gets a new government after weeks of uncertainty
Sullivan expresses worry over escalating Israel-Lebanon tension, calls Hezbollah strike as justice served
Court gives 5 days for X to validate its Brazil legal representative
WNBA playoffs set to begin Sunday with all four first-round series getting underway
She was born blind, but she travels the world by herself
Travel isn’t just fun. It might also help fight the signs of aging