Goldman Sachs
Goldman Sachs
The Goldman Sachs Group Inc is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (45%), asset management (20%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
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LendingClub, Prosper, SoFi and other fintechs are driving the expansion, according to new data from TransUnion, and that could spell bad news for credit unions.
July 10 -
The Senate Banking Committee's top Democrat singled out Morgan Stanley and Goldman Sachs, which he said "got passing grades" despite being unable to maintain minimum required capital levels.
July 10 -
Almost 10 years after the financial crisis, Wall Street was starting to wonder aloud: Might Goldman Sachs or Morgan Stanley make a big acquisition? Much of that speculation got a reality check on June 28 when both firms scraped through the Federal Reserve's annual stress tests.
July 9 -
LendingClub, Prosper, SoFi and other fintechs are driving the expansion, according to new data from TransUnion.
July 3 -
A judge rules the accounting firm should have detected the fraud that brought down Colonial Bank; Fed deal with Goldman and Morgan Stanley shows softer side.
July 3 -
The two Wall Street firms anxiously await the second round of stress test results; Commerzbank is working on using technology to generate basic research notes.
June 25 -
Banks are more established organizations that cannot afford to take the same shortcuts and risks as startups do in fintech development, executives said.
June 21 -
Big banks and wealth managers are unwilling to sacrifice fee income and make other changes to catch up with their customers' digital demands, fintech leaders said.
June 20 -
Among the six biggest U.S. banks, Bank of America might deliver one of the steepest jumps in payouts. Wells Fargo is the wild card.
June 19 -
The firms were initially slated to be included in a newly merged trade association, but they were blocked after some executives objected to adding more Wall Street banks.
June 8 -
Banks are at the forefront of blockchain innovation, disrupting cross-border payments, trade finance and product development worldwide.
May 25 -
Otting wants banks to make small loans to consumers; the German bank will reduce headcount by at least 7,000.
May 24 -
Senior executives from Barclays, Bank of America and other big banks urged women to aim high, take chances on challenging jobs and — perhaps most important — provide support to other high-performing female colleagues instead of viewing them as a threat.
May 23 -
Banks are at the forefront of blockchain innovation, disrupting cross-border payments, trade finance and product development worldwide.
May 21 -
Banks feeling the pressure in commerical lending from lightly-regulated, cash-flush competitors; financial institutions take "an increasingly militarized approach" to fighting cybercrime.
May 21 -
Even as Jamie Dimon touts the female leadership at his company, it lags in one key area. But JPMorgan women are making strides in particular with blockchain initiatives, and Amber Baldet finally shares what she is working on. Plus, heels or flats?
May 18 -
Lloyd Blankfein will probably step down as Goldman Sachs' chief executive officer in December, according to a published report. David Solomon has been seen as the heir apparent, but the timing of the changeover had been unclear.
May 18 -
The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.
May 17 -
The proposed change would give banks more leeway in making trades and put more onus on regulators to challenge their judgments, sources said.
May 15 -
The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division.
May 15





















