[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…
Tag: Security Brokering/Dealing
Goldman Scores a Win With Sharply Higher Earnings
[ad_1] Updated Jan. 16, 2024 1:42 pm ET Goldman Sachs reported sharply higher earnings for the fourth quarter, giving the Wall Street Goliath a boost after a run of lackluster…
Goldman Sachs Reports Sharply Higher Earnings, Helped by Asset and Wealth Management
[ad_1] Goldman Sachs reported sharply higher profit for the fourth quarter, bolstered by a strong performance in its asset and wealth management business. The bank on Tuesday said quarterly profit…
Stocks in Japan, India Notch Historic Highs; U.S. Markets to Reopen Tuesday
[ad_1] Stock benchmarks in two of Asia’s largest economies climbed to historic highs, while U.S. equity and bond markets were shut for Martin Luther King Day. Bank earnings and economic…
Got $60 Million? Goldman Sachs Wants to Lend You More
[ad_1] Goldman Sachs has given up on lending to Main Street consumers. Now it’s doubling down on wealthy clients. The Wall Street giant is increasing lending to its private-wealth clients,…
Morgan Stanley Agrees to Pay $249 Million to Settle Block-Trading Probes
[ad_1] Morgan Stanley agreed Friday to pay $249 million to settle criminal and regulatory investigations into allegations that some employees improperly shared information about clients’ stock sales, the Manhattan U.S.…
Inflation Edged Up in December After Rapid Cooling Most of 2023
[ad_1] Updated Jan. 11, 2024 1:27 pm ET Americans caught a big break last year as inflation fell by nearly half and paychecks grew, delivering real wage gains in 2023…
How the Fintech Rally Could Fizzle in 2024
[ad_1] Financial-technology companies have rallied in 2023 even as rates rose. Some could now face risks from falling rates, as well as stepped-up competition. Higher rates did hit “fintech” stocks…
WSJ News Exclusive | Robinhood Woos Wealthier Clients From Bigger Brokerages
[ad_1] Robinhood Markets, known for a clientele of first-time investors, is attracting customers with fatter wallets from other brokerages. Through Wednesday, the trading app received about $1.1 billion in account…