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Dec. 9 (Bloomberg) -- Goldman Sachs Group Inc. , the most profitable firm in Wall Street history, is taking a “very hard look” at the percentage of revenue set aside for compensation, said William George , a Harvard Business School professor and member of the bank’s board.
Citigroup Inc is in a position to repay TARP, the bank's chairman, Dick Parsons, told cable television network CNBC on Wednesday.
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at noon: Goldman Sachs rose $1.85 or 1.1 percent, to $163.69. Morgan Stanley fell $.09 or .3 percent, to $30.07.
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $1.53 or .9 percent, to $163.37. Morgan Stanley rose $.03 or .1 percent, to $30.18.
Dec. 9 (Bloomberg) -- Goldman Sachs Group Inc. , the most profitable firm in Wall Street history, is taking a “very hard look” at whether to pay people less because of public outrage over bonuses, board member William George said.
BlackRock Inc . Chief Executive Officer Laurence Fink is worried that some financial regulatory proposals under consideration could do more harm than good.
Dec. 8 (Bloomberg) -- The Standard & Poor’s 500 Index may climb 13 percent by the end of next year as interest rates remain low, revenue grows and investors pour money into U.S. stocks, according to Goldman Sachs Group Inc. strategists.
As you try to figure out how to put your money to work in a market that veers from depression to mania, you're confronted with two opposing facts that lead to opposing investing strategies.
NEW YORK -(Dow Jones)- People's United Financial Inc. (PBCT) is prudently looking at acquisition opportunities, Chief Executive Philip Sherringham said Wednesday at the Goldman Sachs financial services conference.
Dec. 10 (Bloomberg) -- Wall Street firms are recovering. Their standing with the American public isn’t. Executives at financial firms, coming off two years of failures, bailouts and writedowns, are less popular than Congress, lawyers and insurance companies.
Dec. 10 (Bloomberg) -- South Korea’s central bank may keep its benchmark interest rate unchanged for a 10th month today as it seeks to strengthen the nation’s economic recovery before raising borrowing costs.
