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By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
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By Canaccord Genuity Morning Coffee |
December 4, 2012
Shares of Dell got a lift after Goldman Sachs moved from a bearish to bullish rating on the stock, after having a negative outlook for the company over the past two years.
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By Matthew Leising, Bloomberg |
November 28, 2012
The CFTC granted JPMorgan Chase & Co., Barclays Plc and six other lenders a three-month delay to meet swaps-clearing rules
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By Christine Harper, Bloomberg |
October 16, 2012
Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, reported profit that beat analysts’ estimates on higher underwriting fees and a jump in the value of the firm’s own investments.
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By Max Abelson, Bloomberg |
October 3, 2012
The combined $63 billion in profit reported by the six largest U.S. lenders over the four quarters through June is more than they earned in any calendar year since the peak in 2006.
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By Canaccord Genuity Morning Coffee |
October 2, 2012
According to Barron's, shares of Goldman Sachs, the largest pure investment bank and institutional broker on the Street, could rally 25% in the next year if capital markets improve.
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October 2, 2012
Wall Street banks’ equities-trading units aren’t getting much relief from the strongest stock rally since 2009, as sinking volume and already thin margins threaten to make their annual performance the worst in six years.
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By Joshua Gallu, Bloomberg |
September 27, 2012
Goldman Sachs Group Inc. will pay about $12 million to resolve U.S. regulatory claims that a former banker made improper campaign contributions to the state treasurer of Massachusetts while seeking underwriting business from his office.
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By Ambereen Choudhury, Elisa Martinuzzi and Elena Logutenkova, Bloomberg |
August 22, 2012
European crisis continues to take tolls on all segments of business, especially banking.
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By Daniel P. Collins |
August 16, 2012
The mere volume of high level financial fraud, in various forms, coming out at us so fast is hard to keep up with.
