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Goldman Sachs Reports Lower Profit
Finances

Goldman Sachs Reports Lower Profit

Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source

How Bank Apps Know You're You
Business

How Bank Apps Know You're You

Username and password aren’t the only line of defense protecting mobile financial-account logins from hackers. Source link

Stocks Slide Even as Big Banks Rally
Finances

Stocks Slide Even as Big Banks Rally

Earnings season kicked up a gear with reports from several banks including JPMorgan, which posted record revenue. Source link

JPMorgan, Delta, Amazon: Stocks That Defined the Week
Finances

JPMorgan, Delta, Amazon: Stocks That Defined the Week

Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link

There Was No Crisis for JPMorgan and Its Big-Bank Peers
Finances

There Was No Crisis for JPMorgan and Its Big-Bank Peers

Markets Finance JPMorgan, Wells Fargo, Citigroup post profit and revenue gains after turmoil last month Source link

No All-Clear Signal for Banking
Finances

No All-Clear Signal for Banking

A good quarter for the biggest banks doesn’t change the bigger picture for banking. Source link

Maker of Purell Hand Sanitizer Seeks Buyer
Finances

Maker of Purell Hand Sanitizer Seeks Buyer

Gojo Industries hired JPMorgan to explore options. Source link

JPMorgan Flagged Epstein's Large Withdrawals Years Before His 2008 Conviction, Lawsuit Alleges
Finances

JPMorgan Flagged Epstein's Large Withdrawals Years Before His 2008 Conviction, Lawsuit Alleges

In 2006, court papers say, bank employees noted that the financier was withdrawing $750,000 a year in cash. Source link

Credit Suisse's Risky-Bond Wipeout Hurts Asia's Rich
Finances

Credit Suisse's Risky-Bond Wipeout Hurts Asia's Rich

Private bankers from UBS and other international banks actively pushed AT1 securities to their wealthy clients for years. Source link

Citi Long-Serving M&A Chief to Retire
Finances

Citi Long-Serving M&A Chief to Retire

One of Citigroup’s top dealmakers, Mark Shafir, is retiring from the investment bank. Source link