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3 hrs ago | The Washington Post
Goldman Sachs Group Inc.'s Thomas Stolper, who correctly predicted the dollar's slide against the euro this year, is deviating from the consensus that the greenback will be among the best currencies to own in 2014.
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Britain will be a standout amid strong consumption while Japan may suffer mid-year slowdown as world economy is forecast to expand 3.4pc The world economy is primed for its fastest expansion in four years, with the United States propelling the improvement in output.
The auction of mortgage securities acquired in the Dutch rescue of ING Groep NV during the financial crisis came a day after banks avoided their worst fears of the Volcker rule, with regulators approving a final version of the speculative-trading ban crafted to leave intact market-making operations that can also create losses for dealers.
Thunderclouds were gathering in April when James Gorman, Morgan Stanley's chief executive, went for a run on the beach on Amelia Island in Florida after attending a closed-door meeting of the bank's top stockbrokers.
Goldman Sachs Group Inc. isn't the lead underwriter on Hilton Worldwide Holdings Inc.'s initial public offering.
Even though the stock market boomed, 2013 was an uneasy year for many on Wall Street.
On a recent afternoon, executives at Goldman Sachs invited a few hundred major investors to the auditorium of the firm's gleaming headquarters in lower Manhattan.
Personal banking at PNC may not be quite so personal, as the bank scales back branch banks and transforms them into something called "universal branches."
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The Dow Jones industrial average fell 52.40 points to 15,973.13. The Nasdaq composite index was down 8.26 points to 4,060.49 and the Standard & Poor's 500 Index lost 5.75 points to 1,802.62.
Wall Street analysts are upbeat about the effects on the economy from the budget deal announced late Tuesday, particularly as it relates to the drag from spending cuts and tax hikes.
CEO Jamie Dimon said Wednesday it was better to pay the Justice Department $13 billion than let its accusations drag out in court.
Bruce Heyman, a partner at Goldman Sachs in Chicago, is U.S. President Barack Obama's pick to be the next ambassador to Canada.
Dec. 10 --Which world leader holds the distinction of making the "greatest economic statement of all time"? According to Warren Buffett , it's George W. Bush .
Wells Fargo says it's seeking regulatory approval to return more cash to investors by boosting its quarterly dividend again and increasing share repurchases.
In 2007, Texas-based utility TXU agreed to the largest leveraged buyout ever: a $48 billion sale to Kohlberg Kravis Roberts & Co., TPG and Goldman Sachs.