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Goldman Sachs Isn't Transforming Fast Enough
Finances

Goldman Sachs Isn't Transforming Fast Enough

The bank’s shrinking principal investment holdings still make earnings too volatile 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

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

Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again
Business

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.

Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again
Finances

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.

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Business

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

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Finances

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

Cathie Wood's ARK Writes Down Twitter Stake by 47%
Finances

Cathie Wood's ARK Writes Down Twitter Stake by 47%

Wood is still bullish on Twitter’s long-term outlook and said her fund updates its internal valuations of private companies frequently. Source link

Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.
Finances

Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.

Crypto CEOs used to talk about disrupting the financial system. Now some of them are struggling to find a bank. Source link