Goldman Sachs unloads another business acquired under CEO David Solomon

[ad_1] David Solomon (centre), Chief Executive Officer of Goldman Sachs during an event attended by Prime Minister Rishi Sunak at the Business Roundtable during his visit to Washington DC in…

Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase

[ad_1] A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S.…

Lloyd Blankfein says he ‘can’t imagine’ returning to Goldman Sachs

[ad_1] Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that said Blankfein offered to return in some capacity. The…

These charts show what has Moody’s worried about regional banks including U.S. Bank and Fifth Third

[ad_1] The Moody’s ratings downgrades and outlook warnings on a swath of U.S. banks this week show that the industry still faces pressure after the collapse of Silicon Valley Bank.…

Goldman Sachs says chief of staff John Rogers to step back from longtime role

[ad_1] John Rogers, executive vice president and chief of staff at Goldman Sachs Group Inc., speaks during an interview at the Securities Industry And Financial Markets Association (SIFMA) annual meting…

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach

[ad_1] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September…

JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test

[ad_1] Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023. CNBC Large U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan…

Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test

[ad_1] Michael Barr, Vice Chair for Supervision at the Federal Reserve, testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol…

Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal

[ad_1] Goldman Sachs CEO David Solomon speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City.  Taylor Hill | Getty Images Goldman…

‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition

[ad_1] Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 million in 2021, arrives at United States…