Buffett: Small Businesses Have Become Collateral Damage, Congress Should Renew PPP
The CEO of Berkshire Hathaway said the country owes it to millions of small businesses to renew the Paycheck Protection Program.
Goldman Crushes Estimates With $2.4B Profit
“Our strong [second-quarter] financial performance across our client franchises demonstrates the inherent benefits of our diversified business model."
Goldman’s Nod to Diversity Draws Some Criticism
Might the investment bank's new policy to avoid IPOs of companies without at least one diverse board member not be quite as good as it looks?
Goldman Q4 Profit Dives as Expenses Jump 42%
The bank set aside $1.1 billlion for legal costs and spent heavily on employee compensation and benefits.
Goldman Reorganizes to Highlight Retail Shift
The changes to Goldman's business segments showcase "how digitally focused and consumer focused the Wall Street titan has become."
Goldman Takes $750M Wealth-Management Step
The acquisition of United Capital advances Goldman's "long-term strategy to offer clients solutions across the wealth spectrum."
Goldman Shares Dip 3.8% on Q1 Revenue Miss
The bank's first revenue miss in two years reflected what CEO David Solomon called a “challenging” trading environment.
Goldman Shares Surge on Big Earnings Beat
The bank's Q4 revenue of $8.08 billion was also above estimates but its bottom line was inflated by a $467 million tax benefit.
Scherr Named Goldman CFO in Big Reshuffle
Incoming CEO David Solomon adds Goldman veteran Stephen Scherr to his team as he prepares for the challenge of succeeding Lloyd Blankfein.