Tag: Goldman Sachs Group Inc

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Morgan Stanley names head of artificial intelligence, Jeff McMillan

Morgan Stanley names head of artificial intelligence, Jeff McMillan

The Morgan Stanley digital sign is seen at the company's Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016.John Taggart | Bloomber [...]
Companies make 2024 the year of cost cuts

Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this year.From toy [...]
Goldman Sachs-backed electricity firm to reach more Americans’ homes

Goldman Sachs-backed electricity firm to reach more Americans’ homes

Omar Marques | Lightrocket | Getty ImagesGoldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas en [...]
Spending is strong, delinquencies down from 2019

Spending is strong, delinquencies down from 2019

Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022.Stephanie Keith | Blo [...]
Morgan Stanley CEO Ted Pick focused on hitting financial targets

Morgan Stanley CEO Ted Pick focused on hitting financial targets

Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.Adam G [...]
Goldman Sachs (GS) earnings 4Q 2023

Goldman Sachs (GS) earnings 4Q 2023

Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts' expectations on better-than-expected asset and wealth management revenue. [...]
Citigroup (C) earnings Q4 2023

Citigroup (C) earnings Q4 2023

Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year's regional banking [...]
JPMorgan Chase (JPM) earnings Q4 2023

JPMorgan Chase (JPM) earnings Q4 2023

JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional bank [...]
Citigroup at risk of quarterly loss after disclosing charges

Citigroup at risk of quarterly loss after disclosing charges

Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake | ReutersCitigroup w [...]
Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and the tilt is defensive

Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and the tilt is defensive

Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York Cit [...]
Bristol Myers Squibb to buy Karuna Therapeutics

Bristol Myers Squibb to buy Karuna Therapeutics

Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share.Kar [...]
Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth

Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth

Yuichiro Chino | Moment | Getty ImagesLike it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transfo [...]
Wall Street CEOs say Basel 3 endgame rules will hurt Americans

Wall Street CEOs say Basel 3 endgame rules will hurt Americans

(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify [...]
Wells Fargo CEO warns of severance costs as layoffs loom

Wells Fargo CEO warns of severance costs as layoffs loom

Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the [...]
Shein files for U.S. IPO, as fast-fashion giant looks to expand its global reach

Shein files for U.S. IPO, as fast-fashion giant looks to expand its global reach

A Shein pop-up store inside a Forever 21 store in Times Square in New York on Nov. 10, 2023.Yuki Iwamura | Bloomberg | Getty ImagesShein has confident [...]
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