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By Liz Capo McCormick and Daniel Kruger |
May 5, 2013
Bond investors are gaining confidence the Fed won't spark a crash while unwinding the central bank’s $3.3 trillion balance sheet.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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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 Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Michael J. Moore, Bloomberg |
June 11, 2012
Wall Street bankers and traders, given hope by a market rebound in the first quarter, are now seeing earnings and paychecks threatened by turmoil in Greece in what is becoming an annual cycle.
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By Max Abelson, Bloomberg |
June 11, 2012
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to testify before Congress this week about his firm’s $2 billion trading loss. His Wall Street colleagues don’t understand why.
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By Max Abelson |
June 10, 2012
The firm's loses have sliced $27 billion from JPMorgan’s market value since the May 10 disclosure, while triggering at least five federal probes.
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By Christine Harper, Bloomberg |
May 17, 2012
Goldman Sachs Group Inc. and funds managed by the firm will sell about $1 billion of stock in Facebook Inc.’s initial public offering, cashing out almost half their stake after the social network doubled in value.
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By Christine Harper, Bloomberg |
April 17, 2012
Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, said profit fell 23% as revenue from trading bonds, currencies and commodities lagged behind Citigroup Inc. and JPMorgan Chase & Co.
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By Phil Mattingly and James Rowley, Bloomberg |
March 16, 2012
The Goldman Sachs Group Inc. employee who criticized the company’s culture in a newspaper column bolsters the case for Wall Street restrictions like the Volcker rule, congressional Democrats said.