"Money can't buy you happiness," some poor fellow once said.
Goldman Sachs could benefit if it expanded its traditional banking by acquiring online brokerage E*Trade Financial given the Wall Street bank's revenue has been largely flat this decade, said CLSA analyst Mike Mayo.
The former global head of trading at the world’s largest asset manager, BlackRock, has joined outsourced trading firm Linear Investment as the fund management industry seeks to cut costs after a tough start to the year.
The success of West Ham United, Bournemouth and Watford should not be overlooked, Stowell says.
Guggenheim Partners Chairman Alan Schwartz, who’s been building the firm’s focus on investment banking, said intensifying regulatory scrutiny is contributing to a slowdown in dealmaking.
A federal judge approved Goldman Sachs’ $272m settlement with investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities.
More than 100 executives from Britain's financial services industry, including hedge fund managers Crispin Odey and Paul Marshall, have signed a letter backing Britain's withdrawal from the European Union, the main Brexit campaign group said on Friday.
For years the identity of the pseudonymous Satoshi Nakamoto, creator of bitcoin, the world’s leading digital currency, has eluded even the best cryptographers.
Aston Villa put in an improved performance, but it was not enough to get them a victory over Watford.
Tottenham Hotspur could only manage a 2-2 draw against Chelsea yesterday.
Only a few weeks ago, Bayer Leverkusen’s results vector was pointing so resolutely downward that there was talk of things being over for Roger in the cockpit, as experts queued up to explain that the dive down the table was all about Schmidt.
Nomura’s cutting its ranks — but those still with a job aren’t going to be happy either.
Analyst Dick Bove says “transformational change” could be the remedy for Goldman Sachs after a “lost decade.”