RBC's Gerard Cassidy discusses the health of the banking sector, following warnings from Goldman Sachs and JPMorgan this week about weakness in some parts of their businesses.
Goldman Sachs has appointed Raghav Maliah, Yoshihiko Yano and Ed Wittig as co-heads of mergers and acquisitions in Asia Pacific to expand and deepen deals coverage in the region, according to an inter
US stocks (^DJI,^GSPC, ^IXIC) are mixed in Tuesday's trading session as investors prepare for a rocky month ahead. Fundstrat Global Advisors managing director and global head of technical strategy Mar
Goldman Sachs and Barclays reportedly have reached a deal on Goldman's $2 billion portfolio of loans made to General Motors customers. The deal is set to see Goldman Sachs sell the portfolio of loa
Wall Street is confident that the Federal Reserve will initiate an interest rate cut at its September meeting, but many are split on the exact amount of the cut. Yahoo Finance Executive Editor Brian S
Bank stocks slumped on Tuesday as a torrent of unsettling business updates pouring out of an industry conference overshadowed a major regulatory win for the industry.
Goldman Sachs is close to finalizing a deal to transfer its General Motors credit card business to Barclays , a source familiar with the matter said on Tuesday.
Regulators agreed on a 9% increase for capital requirements that will be imposed on the biggest banks in the United States. The news sent shares falling not just for major institutions, but for medium
Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending space, a departure that a Tuesday (Sept.
GS' third-quarter trading revenues are likely to decline 10% due to a sluggish macro environment.
The price of a share in the bank fell by just over $19 the day after its chief executive spoke to an investor conference in New York.
JPMorgan stock also falls on drop in activity in the current quarter, mostly due to weak bond trading.
Among the Wall Street firms investors often pay closest attention to, Goldman Sachs (NYSE:GS) has to be atop the list.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analy
In the closing of the recent trading day, Goldman Sachs (GS) stood at $487.88, denoting a -0.56% change from the preceding trading day.
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