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Goldman Sachs Group Inc

Goldman Sachs

It's tough time for Goldman Sachs to sell Concordia debt amid pharma disruption

Goldman Sachs Group Inc is facing tough time in selling $2.8 billion of debt in the wake of ongoing drug pricing controversy in the pharmaceutical industry.

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2015 Global Citizen Festival

CItigroup will scale down its block trading business

Citigroup announced that the company will cut down on block trading businesses as one of the bank's strategy to protect the firm from any losses, especially with current market uncertainty. The bank also plans to avoid its client from big losses as the trading could give a high return but at the same time, the client could risk losing more than they invested when the market turns south.

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Bank of New York Mellon Corp.

BNY Mellon worked overtime to fix pricing glitch, now back to normal

After suffering an excruciating computer glitch that caused pricing problems, Bank of New York Mellon Corp's calculating system seem to be back to normal now.

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Avendus

Late to the party, global banks try to muscle into India's start-up boom

Global investment banks are scrambling to get a piece of the action from India's booming technology start-ups, having missed out on the initial flurry of deal-making to their better-connected but much smaller domestic rivals.

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Goldman Sachs

Goldman sees $1 trillion lift in 2015 via U.S. stock buybacks, dividends

Investors will rake in more than $1 trillion in 2015 as U.S. companies increase stock buybacks and boost dividends, Goldman Sachs Group Inc said, with benefits coming soon as many S&P 500 companies exit a blackout period for repurchases next week.

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Morgan Stanley

Morgan Stanley profit jumps on higher trading revenue

Wall Street investment bank Morgan Stanley reported a much stronger-than-expected rise in first-quarter profit, boosted by higher revenue from trading bonds and equities.

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Dennis Williams

UAW president calls GM share buyback proposal premature

United Auto Workers President Dennis Williams, whose union indirectly controls the largest single block of General Motors Co (GM.N) shares, told Reuters an investor group’s proposal that GM buy back $8 billion of its stock is premature, and the amount too high for the company’s long-term health.

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JPMorgan Chase & Co.

JPMorgan tops list of risky banks: government study

JPMorgan Chase & Co bears the highest potential hazard to the financial system if it were to fail, a staff study released by a U.S. government research agency showed, providing a first-of-its-kind numerical risk ranking of U.S. banks.

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US Dollar Notes

U.S. banks say soaring dollar puts them at disadvantage: WSJ

Big U.S. banks say that a proposed Federal Reserve rule on higher capital requirements would penalize them if the dollar remains strong against the euro, as it would make their dollar-denominated assets and operations look larger relative to their European peers, the Wall Street Journal reported.

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JPMorgan Chase & Co.

JPMorgan under scrutiny over hiring of Chinese minister's son: WSJ

JPMorgan Chase & Co is under federal scrutiny over hiring the son of China's current commerce minister, the Wall Street Journal reported, citing internal emails.

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James Gorman

Morgan Stanley awards CEO $4.4 million in restricted stock

Morgan Stanley's (MS.N) board of directors awarded Chairman and Chief Executive James Gorman $4.4 million in restricted stock as part of his 2014 bonus, the Wall Street bank said in a regulatory filing on Friday.

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Morgan Stanley

Morgan Stanley profit falls short of expectations

Morgan Stanley's adjusted quarterly earnings fell short of market estimates as unexpected market swings in December hit its division that trades bonds, currencies and commodities and the Wall Street bank deferred fewer bonus payments.

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Goldman Sachs

Goldman Sachs profit hit by weak fixed-income trading

Goldman Sachs Group Inc (GS.N) reported a 7 percent drop in fourth-quarter profit as sharp market moves in December hit its bond-trading business.

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JPMorgan Chase & Co.

Breaking up JPMorgan could lift its stock price, Goldman analyst says

New capital rules that penalize big banks could add pressure to JPMorgan Chase & Co (JPM.N) to break itself up to boost its stock price, a prominent stock analyst from Goldman Sachs Group Inc (GS.N) wrote on Monday.

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Warren Buffett

Berkshire third-quarter profit drops on investments, operating results gain

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) on Friday said third-quarter profit fell 9 percent as it took a large writeoff on one of its investments, but operating results easily topped forecasts amid improvement in its insurance, energy and railroad operations.

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