Goldman Sachs

Goldman’s Marcus Shows Gains In Q1
Goldman’s Marcus Shows Gains In Q1
April 15, 2019  |  Earnings

Continuing at least some of the trends seen across banks as earnings season picks up traction, Goldman Sachs posted first quarter results Monday (April 15)...

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FI’s $52 Trillion Threat
FI’s $52 Trillion Threat
April 15, 2019  |  Banking

Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means...

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Wells Fargo Sees Shares Fall As Other Banks Enjoy Surge
Wells Fargo Sees Shares Fall As Other Banks Enjoy Surge
April 12, 2019  |  Banking

Some of the country’s biggest banks saw their share prices surge after their Quarter 1 earnings beat analysts’ expectations. Shares of JPMorgan Chase rose 4.1...

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On The Hill, Banking’s Biggest Get Grilled
On The Hill, Banking’s Biggest Get Grilled
April 11, 2019  |  Bank Regulation

The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis,...

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Bank CEOs To Assure Congress The Financial System Is Stronger Now
Bank CEOs To Assure Congress The Financial System Is Stronger Now
April 09, 2019  |  Bank Regulation

The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations following the Great...

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Inflated Credit Scores Put Lenders At Risk
Inflated Credit Scores Put Lenders At Risk
April 08, 2019  |  Loans

Goldman Sachs and Moody’s Analytics are warning that credit scores of consumers have been inflated during the past ten years, hiding the danger of defaults...

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Buffett Tells Wells To Cast Wide Net For New Chief
Buffett Tells Wells To Cast Wide Net For New Chief
April 08, 2019  |  Personnel

Famed investor and Wells Fargo’s largest shareholder Warren Buffett urged the bank to look beyond Wall Street to find a new chief executive for the...

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Analysts Brace For Disappointing Q1 Bank Results
Analysts Brace For Disappointing Q1 Bank Results
April 08, 2019  |  Earnings

Earnings for U.S. banks kick off this week, with analysts expecting earnings in the first quarter to contract, marking the first time in three years....

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Digital Health Firms Prepare To Go Public
Digital Health Firms Prepare To Go Public
April 07, 2019  |  IPO

Some digital health companies are finally getting set to go public. According to CNBC, Livongo, which provides services and tools to help people manage chronic...

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