Goldman Sachs also agreed to pay more than $2.9 billion as part of a deferred prosecution agreement with the U.S. Department of Justice.
“Our strong [second-quarter] financial performance across our client franchises demonstrates the inherent benefits of our diversified business model."
In a marriage of tech and Wall Street, sellers on Amazon will be eligible for credit lines of up to $1 million from Goldman Sachs' Marcus brand.
“We were on a good roll through January and February. Then came March," CFO Stephen Scherr says.
Goldman Sachs and Morgan Stanley see contraction followed by late-year rebounds.
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?
The bank set aside $1.1 billlion for legal costs and spent heavily on employee compensation and benefits.
The changes to Goldman's business segments showcase "how digitally focused and consumer focused the Wall Street titan has become."
The bank set aside 35% of its revenue for staff compensation and benefits so far this year, the lowest since at least 2009.
Online lender Credijusto has originated $90 million in loans and equipment leases to small businesses across Mexico.
Mick Beekhuizen, the soup company's new finance chief, has an interesting professional history.
The buyback boom is raising concerns as companies are returning more cash to shareholders than they are generating in free cash flow.
