Solomon says Goldman took on too much too quickly in consumer business
[ad_1] David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. Adam Galica | CNBC Goldman Sachs CEO…
Goldman Sachs fourth quarter results are coming — what the Street expects
[ad_1] David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6,…
BlackRock cutting 500 jobs or less than 3% of workforce
[ad_1] BlackRock Inc. on Wednesday added its name to the growing list of financial and other companies cutting jobs with plans to cut its workforce for the first time since…
Tesla, Nvidia, Lululemon and more
[ad_1] Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto…
up to 3,200 employees laid off this week
[ad_1] Goldman Sachs is laying off fewer employees than feared, but the cut is still a deep one. The global investment bank is letting go of as many as 3,200…
The UK recession will be almost as deep as that of Russia, economists predict
[ad_1] London Stock Exchange Toby Melville | Reuters LONDON — The U.K. economic contraction of 2023 will be almost as deep as that of Russia, economists expect, as a sharp…
A reckoning is upon us. Here’s what to expect
[ad_1] Bill Harris, former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in late October to declare that his latest startup would help solve Americans’ broken relationship…
Goldman sharpens knife on headcount, bonuses along with other big banks
[ad_1] Goldman Sachs Group Inc. will cut bonuses by about 40% in the deepest belt-tightening move among the big U.S. banks, The Wall Street Journal reported Thursday. Goldman Sach’s GS,…
Meta, Maxar Technologies, Ford, Goldman Sachs and more
[ad_1] The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading. Meta Platforms –…
Goldman Sachs is planning to cut up to 8% of its employees in January
[ad_1] Goldman Sachs, the storied investment bank, plans on cutting up to 8% of its employees as it girds for a tougher environment next year, according to a person with…
Goldman Sachs bonus pool shrinks
[ad_1] David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images…
Goldman Sachs set to reduce trader bonuses: report
[ad_1] Goldman Sachs Group Inc. traders are facing some end-year bah humbug as the Wall Street bank reportedly plans to reduce their bonuses, despite expectations for strong revenue this year.…
Goldman paid $12 million to settle sexism complaint, Bloomberg reports
[ad_1] Goldman Sachs logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images Goldman Sachs paid more than $12 million to a former female partner…
Wall Street layoffs pick up steam as Citigroup and Barclays cut hundreds of workers
[ad_1] A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images…
Goldman Sachs unveils crypto classification system, aimed at institutional investors
[ad_1] A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg…
Bitcoin volatility has eased but that’s not a bad thing
[ad_1] Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a bad thing and could…
JPMorgan president Daniel Pinto says a recession is likely and markets may fall further as the Fed raises rates
[ad_1] Daniel Pinto, co-president and chief operating officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., Oct. 18, 2019.…
Buffett-backed digital bank Nubank to launch its own cryptocurrency
[ad_1] Jakub Porzycki | NurPhoto | Getty Images The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital…
GS (Goldman Sachs) earnings 3Q 2022
[ad_1] Goldman Sachs posted third-quarter results Tuesday that topped analysts’ expectations for profit and revenue on better-than-expected trading results. Here are the numbers: Earnings: $8.25 a share vs. $7.69 per…
Mastercard will help banks offer cryptocurrency trading
[ad_1] A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard is looking to bring…
Goldman CEO David Solomon to break up struggling consumer finance unit
[ad_1] Goldman Sachs’ Chairman and CEO David Solomon attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. Denis Balibouse | Reuters…
Morgan Stanley evaluating job cuts, CEO says
[ad_1] Morgan Stanley CEO James Gorman said the marquee investment bank is studying potential job cuts as the latest big financial institution to look for ways to reduce costs headed…
Apple, Goldman Sachs introduce interest-bearing savings accounts
[ad_1] Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press…
MS (Morgan Stanley) earnings 3Q 2022
[ad_1] Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Friday posted…
MS (Morgan Stanley) earnings 3Q 2022
[ad_1] Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Friday posted…