Even when Goldman Sachs’s public reputation was taking a beating, the bank’s business acumen and profit remained the envy of Wall Street.
Hedge funds that bet on broad macroeconomic trends have bled money all year waiting for their investment ideas to hit. Some of their biggest wagers-from rising interest rates to a stronger U.S. dollar to more volatile markets-finally paid off in September, helping reverse an otherwise miserable 2014.
Thomas Eric Duncan, the first known person to develop Ebola in the United States, has died in Dallas. He was 42.
Counter-terrorism detectives are continuing to question four men, including one suspected of having links to Islamic State (Isis), on suspicion of plotting a terror attack on Britain.
Would you refuse a higher paying job if it meant you could continue working with friends ?
Deutsche Bank the German bank that has pledged to improve controls after criticism from regulators, hired Elizabeth J. Ford from Goldman Sachs Group Inc. as head of compliance for the Americas.
U.S. prosecutors are pressing to bring charges against a bank for currency-rate rigging by the end of the year, and actions against individuals will probably follow in 2015, according to people familiar with the probe.
Two directors of HSBC’s operations in the UK have quit in protest ahead of tough new rules that could result in jail terms for reckless bankers.
Barclays on Tuesday urged a New York court to toss the state attorney general's fraud case over how the bank ran its private U.S. trading venue, saying the case oversteps state securities laws and offers no proof any investors were hurt.
A judge at a U.K. high court has ordered Goldman Sachs to pay the legal costs of the Libyan sovereign wealth fund, after the U.S. investment bank tried to have a $1 billion lawsuit filed by the fund in January dismissed.
A 31-year-old banker from Scottsdale, Arizona was tapped by the Arizona Coyotes as an emergency goalie on Monday night.
Barclays' investment bank chief, Tom King, plans to retire as soon as next month, said people with knowledge of the plans.
Global investment banks are set for a 21 percent decline in revenue this year, with European lenders including Credit Suisse Group AG most at risk, according to analysts at JPMorgan Chase.