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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
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
One Equity Investigated by SEC
The Securities and Exchange Commission is investigating whether private-equity firm One Equity Partners’ communications with investors about its past and future performance violated rules. Source
Oddity Prices Closely Watched IPO Above Expectations
Beauty company sells more shares than planned, signaling investors may be ready to write checks for new companies again. Source link
Silicon Valley Money Men Are Buzzing About Robert F. Kennedy Jr.
Twitter co-founder Jack Dorsey and others are praising the antiestablishment candidate, who is running for the Democratic Party’s presidential nomination. 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
Roivant in Talks to Sell Stomach Drug to Roche in Deal Valued at More Than $7 Billion
Roivant, started by presidential candidate Vivek Ramaswamy, could seal a deal in coming days. Source link
Roivant in Talks to Sell Stomach Drug to Roche in Deal Valued at More Than $7 Billion
Roivant, started by presidential candidate Vivek Ramaswamy, could seal a deal in coming days Source link