Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Goldman Sachs names new leaders for investment banking, trading units, FT says
Goldman Sachs (GS) is naming new leaders for its equities, fixed income and banking businesses, alongside a reshuffle of leadership at its
Goldman Sachs Promotes Its Next Generation of Leaders
Goldman Sachs announced a number of promotions in its global banking & markets division, signaling the rise of a next generation of leadership, according to people familiar with the matter. The announcements were made as part of a series of internal memos today,
Goldman Sachs brings up next round of leaders, expanding management committee
Goldman Sachs (NYSE:GS) announced a crop of promotions on Tuesday, naming three co-heads each to its investment banking; fixed income, currency and commodities; and equities units, highlighting the next generation of senior leaders at the Wall Street giant's traditional businesses.
Goldman Sachs shakes up management, elevates next generation of executives to leadership roles
Goldman expanded its management committee ranks and installed a number of senior leaders in top positions throughout its investment bank.
Goldman Sachs elevates new leaders in banking & markets; shares slip
Goldman Sachs announced a series of promotions within its global banking & markets division, marking a significant shift towards a new leadership generation.
'Best-Ever Quarter': Bank Of America Leads $24.5 Billion Windfall Amid Election Volatility
Wall Street’s largest banks are poised to report their highest fourth-quarter trading revenue in five years, as November’s ...
What To Expect From Bank Of America Stock In 2025?
Bank of America’s stock (NYSE: BAC) posted a better-than-expected set of Q4 2024 earnings, led by stronger investment banking ...
Truist Beats Quarterly Profit Estimates on Investment Banking Gains
Net interest margin, which measures lending profitability, expanded to 3.07%, compared with 2.95% a year earlier. Truist's ...
Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers ...
Bank of America CEO: The Federal Reserve may have to respond to Trump
The Fed now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy. "They've got a new ...
Citigroup boosts dealmaker bonuses by 10% amid investment banking rebound - report
Citigroup (NYSE:C) increased its 2024 bonuses for its investment bankers by ~10% as Wall Street banks share more of the ...
Bank of America tops estimates on better-than-expected investment banking, interest income
Bank of America reported fourth-quarter earnings before the opening bell Thursday. Here's what the company reported compared ...
Jam Tomorrow : Will Dry Powder Boost European VC Investment?
Recent reports on the British and European ecosystems suggest an increasing pile of dry powder will boost VC investment. Is ...
Better Warren Buffett Stock: Citigroup vs. Bank of America
Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio.
European Investment Bank to boost funds for Bangladesh as it weathers political turmoil
A senior official of the European Investment Bank says the regional lending agency is keen to double its funding for ...