[ad_1] David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in…
Tag: Goldman Sachs Group Inc
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
[ad_1] JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. Here’s what the company…
Goldman’s Key Man on Board to Step Down After BlackRock Deal
[ad_1] Goldman Sachs Group Inc.’s lead independent director plans to step down from the board, a significant departure from a panel that stood by Chief Executive Officer David Solomon through…
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[ad_1] Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the…
Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
[ad_1] Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that…
UBS Seeks to Sell Loans Credit Suisse Gave to Junk Italian Firms
[ad_1] UBS Group AG is planning to sell its exposure to a portfolio of loans that Credit Suisse made to junk-rated Italian companies, according to people with knowledge of the…
Hong Kong Conglomerate Pushes for Mental Health Support in Stressed-Out Financial Hub
[ad_1] A Hong Kong family-run conglomerate is boosting its mental health support for employees, including creating “first responders” in the workplace, setting itself apart from peers in a city that…
Goldman Ramps Up Credit Business in India, Targets Rich Diaspora
[ad_1] Goldman Sachs Group Inc. plans to ramp up its credit business in India and sees an increasing opportunity to target the nation’s wealthy diaspora as global investors shift their…
Karuna Therapeutics surges 47% after Bristol Myers Squibb announces $14 billion deal
[ad_1] Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share. Karuna’s stock popped more than 47%…
Wall Street’s Tepid Bonuses for Traders Lumber Into Another Year
[ad_1] Wall Street’s dramatic year of dealmaking drought, collapsing banks and job cuts is ending with a mere whimper for traders’ bonuses. At JPMorgan Chase & Co., the overall bonus…