An owner of Dominion Voting Systems spoke about the company’s strategy that led Fox to agree to a $787.5 million defamation settlement.
Category: Goldman Sachs Group Inc
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Goldman Sachs Earnings Disappoint Investors
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business.
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Goldman Sachs Sheds Consumer Loans as Losses Mount
The Wall Street bank sold off some loans from its consumer-banking arm, Marcus, revealing a nearly $500 million loss in the business.
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Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs.
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Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
The New York Times – Business:The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The New York Times – Business:The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
The New York Times – Business:Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
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Goldman Sachs Draws Scrutiny Over Money Earned on Silicon Valley Bank Deal
The New York Times – Business:Goldman bought a bond portfolio on which the bank had booked a $1.8 billion loss, while also trying to raise capital for the bank in its last days.
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Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal
The New York Times – Business:The Wall Street giant is likely to be paid more than $100 million for its role in a bond purchase that ultimately failed to save the California bank from collapse.
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Shares in First Republic and Others Rise After Federal Bank Rescue
The New York Times – Business:First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.
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Troubles at Silicon Valley Bank Rock the Global Stock Market.
The New York Times – Business:Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.
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Former Goldman Banker Gets 10 Years in Prison for His Role in 1MDB Scandal
The New York Times – Business:Roger Ng, who was convicted of bribery and money-laundering charges last year, was sentenced to a 10-year prison term.