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."
UBS Profit Dips 16% in Q3 Amid Negative Rates
“Low and persistent negative interest rates and expectations of further monetary easing will adversely affect net interest income," the bank says.
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.
Goldman Exec Charged With Insider Trading
A Goldman Sachs vice president of investment banking repeatedly used his access to confidential client information to place illegal trades, alleges the SEC.
Getting Value Out of a Middle Market Investment Banker
Should business owners hire a middle market investment banker or are they better off going it alone?
Goldman Sachs’ Q2 Profit Tumbles
Mortgage-related litigation provisions weaken a strong quarter from investment banking and equities trading.
JPMorgan Chase Beats Earnings Estimates
But the financial institution's plain-vanilla banking businesses saw declines in quarterly profit compared with a year ago.
CFO, Son Accused of $1M Insider-Trading Scheme
Investment banker allegedly provided his father with nonpublic information about pending deals involving clients.
SEC Fines Barclays $15M for Compliance Omissions
Among other failures, Barclays Capital is accused of executing transactions without client approval.
Local Banks Want to Bond
When the National Bank of Commerce petitioned the Treasury Department to be allowed to underwrite corporate debt, it wasn't trying to be revolutionary.