The S&P 500 is on pace for its first annual decline since 2018 and its worst performance since 2008. Will markets fall further next year?
Category: Goldman Sachs Group Inc
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Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle
The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.
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For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
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An Activist Investor Takes on BlackRock Over E.S.G.
A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down.
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Adidas Cuts Ties With Kanye West
The sportswear brand calculates it will incur a $246 million cost for its decision to terminate its partnership with the hip-hop mogul.
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What the Banks Stock Rally Says About Wall Street
A strong batch of earnings have propelled bank stocks in recent days, but investors remain more cautious on the outlook of Goldman Sachs and Morgan Stanley.
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Stocks Rise as Corporate Earnings Again Beat Expectations
Another batch of quarterly profits beat analyst expectations, but some warn that the rally could be short-lived, giving way to more selling.
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Goldman Sachs Restructures Its Divisions, Elevating Tech Offerings as Profit Falls
The bank will combine trading and investment banking into one unit; asset management, wealth management and consumer businesses into another; and its digital offerings in a third.