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Rob Copeland
Posts
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After Days of Panic, Midsize Banks See Stocks Rise
Shares in midsize banks that seemed to be on the brink stage a comeback.
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Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78
Born into wealth, he turned it into even greater wealth in founding a Boston firm and was remembered as a “kinder, gentler” corporate raider.
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Thomas Lee, Private Equity Pioneer, Is Dead at 78
The financier, who called himself Tomcat, was an early buyout enthusiast.
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Goldman Sachs Cuts C.E.O. David Solomon’s Pay After Bank’s Poor Performance
David M. Solomon earned $25 million in 2022, still a hefty sum but 30 percent lower than a year earlier.
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Goldman Sachs Earnings Fall Short of Expectations, Causing Alarm
The Wall Street giant reported that its profit fell by nearly 70 percent in its latest quarter, lagging results at its rival Morgan Stanley.
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JPMorgan Sets Aside Money for Bad Debts as ‘Mild Recession’ Looms
The bank, the biggest in the United States, reported a large profit in its latest quarter, but said it was girding for a downturn later...
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In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried
Residents there have a generous view of the disgraced FTX founder, who has been accused of misusing billions of dollars in customer funds.