There's the ambition, and then there's the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in build
Marc Nachmann is one year into a critical effort to fire up Goldman's $3 trillion asset and wealth management division, and in the process fire up its stock. If Nachmann succeeds, it could go as far
Big Bank earnings kicked off last Friday, continuing into this week with Goldman Sachs (GS) and Bank of America (BAC) earnings on tap for Tuesday, October 17. What could be this quarter's standout the
Oppenheimer analyst Chris Kotowski on Monday reiterated an outperform rating on JPMorgan Chase & Co. and increased his price target on the stock to $233 from $215 after the bank's stronger-than-expect
Consumers with weaker credit histories are facing pressure. And though headwinds remain, the nation's banking public remains robust at U.S. banks.
Global hedge funds last week sold food, beverage and tobacco company stocks at the fastest pace in 11 weeks, a Goldman Sachs note said, as these stocks, viewed as a proxy for bonds, could not match th

US Banks Brace for Tough Times Ahead

10:26pm, Sunday, 15'th Oct 2023
US bank earnings are in focus this week, bracing for results from Goldman Sachs Group, and Morgan Stanley after seeing solid earnings from JPMorgan Chase & Co. and Wells Fargo & Co. Su Keenan reports
Third-quarter earnings season picks up this week with reports from Morgan Stanley, Bank of America, Tesla, Goldman Sachs, Netflix, TSMC, Johnson & Johnson, and Lockheed Martin.
Wall Street spent much of this year getting more tepid on third-quarter corporate profits, with expectations for subdued growth giving way to expectations for a slight decline.
Housing is even more unaffordable now than ahead of the 2008 crash, according to Goldman Sachs. But the bank expects limited supply and borrowers being "locked in" at lower mortgage rates to drive pri
Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk.
Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written, but said they were hopeful they could win some changes
Goldman Sachs (NYSE:GS) is expected to report another big decline in earnings when it releases its third-quarter results after the market close on October 17, 2023. The bank has been affected by a dec
Andrew Tilton of Goldman Sachs says there are encouraging signs coming out of China and shares why he thinks Beijing will not implement measures that boost growth "dramatically".
Goldman Sachs (GS) reachead $309.85 at the closing of the latest trading day, reflecting a -1.01% change compared to its last close.
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