Treasury Secretary Steven Mnuchin spent 17 years at Goldman Sachs, where his father had also worked. He got a job there right after graduating from Yale University with a degree in economics.
Goldman Sachs has a much smaller place in Buffett's portfolio.
Goldman's business model may need a boost.
The coronavirus pandemic has sparked widespread speculation that two major investment banks, Morgan Stanley and Goldman Sachs, could see vast changes in the coming months, FOX Business has learned.
Loans to companies in these sectors make up roughly 10 percent of the bank’s overall corporate lending.
David Solomon said many details still need to be decided, but “the fact that we are thinking through this next phase ... is promising. It’s a step in our path forward.”
Ten of the world's largest banks, including JPMorgan Chase (NYSE:JPM) and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars.
Goldman Sachs reported a 49 percent drop in quarterly profit.
Jobless claims in the U.S. are already climbing, but are expected to skyrocket in coming weeks as American life comes to a grinding halt.
Former Goldman Sachs CEO blasts 2020 presidential candidate Bernie Sanders' Medicare for All proposal amid coronavirus outbreak
President Trump will meet with the CEOs of Wall Street's biggest banks at the White House on Wednesday afternoon.
Former Goldman CEO Lloyd Blankfein makes stock market prediction amid selloff.
New York Stock Exchange President Stacey Cunningham said the NYSE is testing a contingency plan on Saturday in case the floor has to close.
The Vermont independent isn't the first presidential candidate to describe himself as hated. Then-President Roosevelt expressed similar sentiments in his 1936 re-election bid.
The son of Princess Diana has spoken with the global banking giant about speaking at one of its Talks at GS events.
An Italian-born banker, Andrea Vella played key roles in Malaysian bond offerings in 2012 and 2013 that have since ensnared the New York bank in a sprawling corruption probe.
The move comes as banks continue to step up their efforts to build technology to offer loans across Amazon Lending.
Quotas make me uncomfortable.
The Massachusetts senator requested that bank executives respond to questions by Feb. 7.
Fourth-quarter profit rose 46%; firm is the last of big U.S. banks to report earnings for quarter