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Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
Finances

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback

The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
Finances

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback

The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link

The Key Number to Watch in U.S. Bank Earnings
Finances

The Key Number to Watch in U.S. Bank Earnings

Listen to article (2 minutes) No major bank has collapsed since First Republic Bank at the beginning of May. But that doesn’t mean fears about

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

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

First Republic Suspends Dividend on Preferred Stock
Finances

First Republic Suspends Dividend on Preferred Stock

The San Francisco bank’s shares have fallen by nearly 90% since the beginning of March. Source link

Declines in Loan Values Are Widespread Among Banks
Business

Declines in Loan Values Are Widespread Among Banks

When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon

Declines in Loan Values Are Widespread Among Banks
Finances

Declines in Loan Values Are Widespread Among Banks

When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon

Wild Quarter for Markets Might Foretell Further Turbulence
Finances

Wild Quarter for Markets Might Foretell Further Turbulence

Markets Stocks prove to be more buoyant than many investors thought possible Source link

To Some Investors, Banks Look Like Bargains
Finances

To Some Investors, Banks Look Like Bargains

Markets Finance Some see ‘once-in-a-decade’ buying opportunity after recent turmoil Source link