Morgan Stanley profit beats as wealth business cushions deals slump
Investment banks have suffered the most from a downturn in M&A activity as investors shunned risky bets against the backdrop of volatile markets and rapidly rising interest rates.
Goldman, JPMorgan consider covering abortion travel costs for employees: report
Goldman Sachs and JPMorgan Chase are both mulling the possibility of covering the travel cost for employees seeking an abortion, according to a new report.
Goldman Sachs to acquire automated corporate retirement planning adviser NextCapital Group
The transaction is expected to close in the second half of 2022, subject to regulatory approval and other closing conditions. Financial terms of the deal were not disclosed.
NYC job postings will soon include salary range
New York City will require businesses to list minimum and maximum salaries for job openings.
Goldman, JPMorgan award bumper bonuses to top bankers
Goldman Sachs and JPMorgan Chase, Wall Street's premier investment banks, this week informed staff of bumper bonuses for 2021, following a record-breaking year for Wall Street dealmaking.
Goldman Sachs' profit declines by 13% in fourth quarter
Goldman Sachs Group's profit fell in the fourth quarter, even as the deals market stayed strong.
Goldman Sachs CEO warns New York City over high taxes
Goldman Sachs CEO David Solomon warned New York City over its policies, such as high taxes, saying the city's future is "not guaranteed"
Blue Origin spaceflight, Bitcoin, Elon Musk's Tesla-SolarCity trial top week ahead
Investors will take in a wave of earnings this week from big names including IBM, Netflix, Chipotle Mexican Grill, Coca-Cola, Twitter, American Express, American Airlines, Southwest Airlines, AT&T, Intel, Snap, Verizon and Domino's Pizza.
JPMorgan, Goldman Sachs to kick off earnings week
JP Morgan Chase and Goldman Sachs are the first two major U.S. banks set to release second quarter earnings this week.
Goldman weighs raising base salaries under pressure from rivals: report
Goldman Sachs is considering whether to raise salaries for junior investment bankers to compete with rivals on Wall Street, as younger staffers have complained of experiencing burnout from long hours worked during the pandemic, when financial markets were exceptionally busy.