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Banking/Credit
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
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Jailed Crypto Tycoon's Company Appoints CEO
Terraform Labs has tapped Chris Amani to run the company as co-founder Do Kwon faces charges of fraud. Source link
Stubborn Inflation Means More Pain for the U.K.
Consumer prices in the U.K. continue to rise at a faster rate than in most other rich countries, threatening fresh hardship for millions of voters
Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again
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Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.
Wall Street Wrestles With Dealmaking, Trading Slump
Morgan Stanley said second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Source link
Bonds Are a Problem, and One Solution, for Bank of America
Trading bonds is working out better than holding them. Source link
Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link
Big Banks' Earnings Had Some Bad News for Smaller Banks
Regional lenders due to report results this week will likely be hit harder by rising deposit costs. Source link