Goldman, Point72 Invest $42 Million in Mexican Fintech
Online lender Credijusto has originated $90 million in loans and equipment leases to small businesses across Mexico.
Campbell Soup Hires Chobani’s CFO
Mick Beekhuizen, the soup company's new finance chief, has an interesting professional history.
Buybacks on Pace to Hit Record Level in 2019
The buyback boom is raising concerns as companies are returning more cash to shareholders than they are generating in free cash flow.
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.
Disney Surge May Accelerate Fox Deal Closing
The company's quarterly earnings and revenue solidly beat forecasts, perhaps opening the door to an early-2019 completion of Fox assets acquisition.
CFOs on the Move: Week Ending Sept. 21
Goodyear, Goldman Sachs, Prudential Financial, Diamond Resorts, Rogers, Potbelly, Sprague Resources, RigNet, Extreme Networks, Maestro Health
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.
Accelerated Share Repurchases Help Execs, Not Investors
The increasingly popular method of buying back shares creates an immediate EPS boost that serves to help managers secure bonuses, study suggests.
Why Does Goldman Sachs Want to Be a Bank?
Rising rates haven't helped Goldman's small banking unit, which likely will remain small yet subjects the firm to regulatory restrictions on its activities.