Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
Goldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm's ill-fated foray into consumer banking.
At Goldman Sachs Group Inc., there was the “war for talent”. Now the firm’s fighting to keep one talent in particular: John Waldron.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci,
In a report released today, Ken Shih from DBS maintained a Buy rating on BlackRock (BLK – Research Report), with a price target of
Blackrock Inc. is the latest to announce it has left a United Nations-backed Net-Zero Banking Alliance (NZBA), among several within one month and not soon after Donald Trump was elected president. It did so as it and roughly 60 companies are being investigated by Congress for allegedly colluding as a “woke ESG cartel” to “impose radical environmental,
Global markets surged as U.S. core inflation showed a lower-than-expected increase, boosting hopes for Federal Reserve rate cuts. Oil prices rallied but were restrained by a peace deal in Gaza. Strong results from major financial companies added to market optimism,
Stock markets surged on Wednesday, buoyed by robust US bank earnings and encouraging inflation data from the United States and Britain.
Despite leaving the Net Zero Banking Alliance, bank says its commitment to climate targets and decarbonization remains
US shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested data showing a small increase
Wall Street looked set to recover after US banks posted impressive earnings, and inflation data was better than expected.
By Ankur Banerjee and Alun John SINGAPORE/LONDON (Reuters) -Stocks surged on Thursday, extending momentum from the previous session when data showed an easing in core U.S. inflation that raised