Goldman Sachs taps new generation to lead key Wall Street units

D.R. Horton Clears Wall Street's Estimates Despite Fewer Closings

The Arlington, Texas, company reported net income of $844.9 million for the three months ended Dec. 31, down from $947.4 million a year earlier.

The Wall Street Journal - 6h

‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom

US president is expected to slash financial controls and prompt wave of dealmaking. Wall Street bankers say they are at the beginning of “go mode” as they expect Donald Trump’s return to the White ...

The Guardian - 6h

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.

CNBC - 8h

Trump to tap Michael Ellis as CIA general counsel

Politico - 4d

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a ...

NBC News - 4h

Charles Schwab hints at stock buybacks after beating Wall Street estimates

Charles Schwab also beat Wall Street’s fourth-quarter earnings estimate and reversed a revenue decline from the year-ago quarter.

MarketWatch - 5h

The U.S. economy is in a ‘sweet spot’. But markets may be getting one thing wrong, says Goldman Sachs.

Investors are possibly too pessimistic on the likely pace of Fed rate cuts

MarketWatch - 1d

Lofty expectations pose tough earnings test for Wall Street

Strong results from $25tn worth of companies needed to help drive rally after shaky few weeks for S&P 500

Financial Times - 3d

David Solomon scores an $80 million bonus. Doubt surrounded his tenure at Goldman Sachs as recently as 2023.

Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.

MarketWatch - 4d

How the bonus season now unfolds on Wall Street

The past dramas of ‘comp days’ have given way to more sanitised procedures

Financial Times - 4d

Goldman Sachs hands chief David Solomon $80mn retention award

Wall Street executive’s 2024 salary also boosted by 26% to $39mn

Financial Times - 4d

Wall Street Has No Clue What the Fed Will Do in 2025

Big banks and economists can’t agree on the monetary policy outlook.

Inc. - 4d

Wall Street banks had a great quarter, and the boom times are just starting

JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.

CNBC - 5d

Watch live: Burgum, tapped to lead Interior, faces Senate confirmation hearing

Former North Dakota Gov. Doug Burgum (R), tapped by President-elect Trump to lead the Interior Department, will testify Thursday morning before the Senate Energy and Natural Resources Committee in ...

The Hill - 5d

Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking

At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.

CNBC - 6d

Wall Street stocks post biggest rally since Trump’s election victory

Easing underlying US inflation and strong bank earnings boost equities

Financial Times - 6d

JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.

The New York Times - 6d

Goldman Sachs shares rise after topping estimates on strong trading results

Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.

CNBC - 6d

Retailers post early holiday results — and Wall Street isn’t impressed

Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.

CNBC - Jan. 13

Goldman Sachs to deepen exposure to booming private credit industry

Wall Street bank is building new unit to service and compete with private investment firms

Financial Times - Jan. 13

Alice Weidel: the former Goldman analyst leading Germany’s far-right

AfD candidate for chancellor uses party conference to try and ride wave propelling populists in Europe and US to power

Financial Times - Jan. 12

Wall Street looks forward to a bonfire of capital and climate rules under Trump

Profits are poised to dominate in a new era shorn of years of hard-won regulatory restrictions. When some of the biggest banks on Wall Street reveal their full-year earnings this week, they will ...

The Guardian - Jan. 11

Sarah Hoover Dishes on Her Life with Tom Sachs in a New Memoir

In a new memoir, Sarah Hoover grapples with the uglier moments that she and her husband, the artist Tom Sachs, have faced while navigating parenthood.

The New York Times - Jan. 10

A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy

Bond yields have surged since the Fed began cutting interest rates.

Inc. - Jan. 9

Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’

Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.

MarketWatch - Jan. 9

China steps up defence of renminbi against Wall Street bets

Currency softens over weakness in world’s second-largest economy and fear of Trump tariffs

Financial Times - Jan. 9

Joni Ernst Tapped to Lead Senate Committee on Small Business and Entrepreneurship

Ernst, who is one of the top Republicans in the Senate, teased visions for what her leadership of the committee will aim to tackle.

Inc. - Jan. 8

Wall Street casts doubt on Citi chief Fraser’s bid to hit crucial target

Bank has lagged well behind rivals on important measure of profitability

Financial Times - Jan. 8

Paul Atkins, Tapped to Lead SEC, Likely to Go Easier on Wall Street Enforcement Actions

Trump’s pick, a former top official at the Securities Exchange Commission now likely to hold its top job, has a track record of resisting penalties for compnaies and individuals.

Inc. - Jan. 7

What a Wall Street analyst gets wrong about Apple in rare sell call on the stock

MoffettNathanson downgraded shares of the iPhone maker to sell from hold Tuesday.

CNBC - Jan. 7

Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator

With Barr's resignation, a more precise image of incoming bank deregulation is forming.

CNBC - Jan. 7

Exodus by Wall Street Banks From Climate Group Worries Advocates

The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.

Inc. - Jan. 6