The U.S. Federal Reserve and the Securities and Exchange Commission are investigating Goldman Sachs Group's role in buying Silicon Valley Bank's securities portfolio while it was working on the bank's
In response to the global plunge in dealmaking and trading revenues, Goldman (GS) is following its peers to navigate industry headwinds by introducing a fresh round of layoffs in its IB division.
Goldman Sachs (NYSE:GS) management is set to take its cost-cutting measures to the next level as part of its bid to slash $1 billion in costs, including potential further job cuts. According to a Re
Bank of America Corp. BAC, Citigroup Inc. C and Wells Fargo & Co. WFC reported drops in uninsured deposits as of March 31 as part of an overall sequential decline of 7.8% or $597.49 billion in uninsur
Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, as a challenging markets environment weighs on Wall Street banks' dealmaking and tradin
Insurance stocks are plunging nearly across the board today. This appears to be true whether we're talking about sector leaders like Humana (NYSE: HUM ), UnitedHealth (NYSE: UNH ), Elevance Health (NY
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Goldman Sachs (GS) have what it takes?
Goldman's (GS) consumer lending platform GreenSky receives bids from Apollo Global Management, Sixth Street and Warburg Pincus.
Two former Goldman Sachs (NYSE:GS) bankers swapped accusations in court today as a trial over alleged insider trading got underway in New York. Brijesh Goel, a former vice president at the merchant ba
A muted IB performance amid rising rates and other macroeconomic woes will keep hurting the Zacks Investment Bank industry. Yet, a decent trading business is likely to offer some support to industry p
Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that submitted initial bids for the installment
Mike Mayo, Wells Fargo managing director, joins 'Last Call' to discuss a new Wall Street Journal report that Goldman Sachs CEO David Solomon may be the target of continuing frustration inside the comp

3 Bank Stocks Ready for a Big Comeback

03:33pm, Tuesday, 13'th Jun 2023
A lot of uncertainty continues to hang over bank stocks. Analysts and investors remain divided over whether the bank failures that occurred in March and April of this year are behind us, or if there c
A senior Goldman Sachs partner told CEO David Solomon that his DJing was not befitting a top Wall Street bank CEO, per The Wall Street Journal. The former CEO, Lloyd Blankfein, has complained about So
The US economy's resilience has taken Goldman Sachs CEO David Solomon by surprise.  "The US economy has been incredibly resilient, and I would say that I have been surprised over the course of last y
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