Goldman and Citigroup Divided on Whether Bond Rout Will Persist
Garzarelli of Goldman sees Treasury yields at 2% by early 2017; Aviva, Aberdeen join Citigroup in seeing no extended losses.
Goldman Sachs Bans Partners From Giving to Certain Candidates
The restrictions affect donations to Trump-Pence GOP ticket; Wall Street firm says it is seeking to avoid reputational risk.
12 Best & Worst Broker-Dealers: Q2 Earnings, 2016
Like in Q1, profits for financial firms generally moved in the same direction, with one exception.
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.