Goldman Sachs Profit Jumps 74% on Bond Trading: Q2 Earnings
Fixed-income revenue rises 33%, equities revenue drops 11%; firm’s compensation costs decline 13% to $3.3 billion.
Goldman Expects S&P to Fall Up to 10%
Analysts with the investment bank say it is better to stay on the sidelines for now.
SIFMA Roiled by Split Over DOL Fiduciary Suit by Wirehouses, Smaller Firms
Large broker-dealers favored compliance over fighting DOL; Wells Fargo, Morgan Stanley said to have opposed court battle.
Brexit Sends Banks, BDs Reeling
Analysts say that the British vote will hurt the earnings of big banks and BDs, but one contrarian says it's time to buy the sector.
11 Best & Worst Broker-Dealers: Q1 Earnings, 2016
Results for financial firms were generally the same: bad, with one standout.
Gold Now in a Long Bull Market, Analysts Say
JPMorgan is bullish on the precious metal, and Goldman Sachs is upping its price targets as well.
Oil Prices: Has the Drop Stopped or Just Paused?
Some new data makes that case, but there are many variables at play, according to analysts.
10 Best & Worst Broker-Dealers: Q4 Earnings, 2015
As stock markets hit turbulence, the performance of wealth firms begins to diverge.
Goldman Sachs Abandons 5 of 6 'Top Trade' Calls for '16
New York bank closes bet on dollar strength versus euro, yen.
Schwab Tops Q3 Estimates; Reports $4.1B on Robo Platform
Meanwhile, Citi posts strong results, as Goldman Sachs reports weak third-quarter performance.