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Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million after tough year
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan.…
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Davos elites see a major risk ahead for markets with looming U.S. debt standoff
DAVOS, Switzerland – The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the…
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Goldman Sachs is set to report fourth-quarter earnings — here’s what the Street expects
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services…
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JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‘central case’
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)…
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Wells Fargo shares fall as bank’s profits cut in half by higher reserves, settlement costs
People walk past a Wells Fargo bank on 14th Street on December 20, 2022 in New York City. Michael M.…
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JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and…
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Bed Bath & Beyond jumps 50% to lead ‘nonsense’ rally in meme stocks; AMC gains 15%
A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023.…
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Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market
Wells Fargo is stepping back from the multi-trillion dollar market for U.S. mortgages amid regulatory pressure and the impact of…
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Goldman Sachs is cutting up to 3,200 employees this week as Wall Street girds for tough year
Goldman Sachs is laying off fewer employees than feared, but the cut is still a deep one. The global investment…
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Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as…
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