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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

State Street, Schwab See Deposits Drop
Finances

State Street, Schwab See Deposits Drop

Banks across the board are under pressure to pay depositors more as interest rates continue to rise. Source link

Former Outcome Health Executives Found Guilty of Fraud
Business

Former Outcome Health Executives Found Guilty of Fraud

Business Health Care Health Verdict caps fall of startup’s executive team led by Rishi Shah, who could face years in prison Source link

Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Finances

Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business

Markets Finance Bank’s swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says Source link

Why Brokerage Accounts Are So Generous Right Now
Finances

Why Brokerage Accounts Are So Generous Right Now

Markets Personal Finance Betterment, Wealthfront and others now offer higher returns and more protection than most bank accounts Source link

Your Next Greece Getaway Could Be at a Hotel Owned by Goldman Sachs
Finances

Your Next Greece Getaway Could Be at a Hotel Owned by Goldman Sachs

Listen to article (2 minutes) Goldman Sachs Group Inc.’s search for steady revenue has led it to an unlikely place: the epicenter of a financial

As Rates Rose, Banks Did a Balance-Sheet Switcheroo
Finances

As Rates Rose, Banks Did a Balance-Sheet Switcheroo

Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. Source link