Goldman Reports Highest Profits in 3 Years
Underwriting revenue at Goldman Sachs surged to a record, and the firm’s reliance on trading fell to the lowest level in more than a decade.
Uncertainty Prevails in Bank Sector as Q4 Earnings Season Kicks Off
Some analysts expect the major banks to have "sluggish" earnings, but others see the market momentum as working in their favor.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2013
Some of the largest companies turn in unexpectedly weak results, with one BD reporting its first loss under its star CEO.
Schorsch Open to Buying More Nonpublic Companies
Bringing diverse operations together via RCAP can be a "confusing" story to tell and sell, real estate billionaire Nicholas Schorsch admits to ThinkAdvisor.
New Hire Roundup: Obama Taps Massad as CFTC Chief
Meanwhile, SEC named Gaunt chief of enforcement division’s municipal securities and public pensions unit, Rob Jasminski joined Citi Private Bank and more.
Goldman’s Q3 Sales Fall 20%, Profits Flat
Revenue at the investment bank fell 44% amid companywide cost cuts of 25%.
Genworth Taps Industry Veteran Charles Goldman for Board of Directors
As Genworth Financial moves ahead in a partnership with two private equity firms, Goldman, known as a fiduciary advocate, takes the reins as board chairman.
$3.2 Million Team Comes Back to Securities America
Citing "cultural differences," Wayne Maier and his team split from National Planning Corp. after six years.
13 Best & Worst Broker-Dealers: Q2 Earnings, 2013
Some large organizations kept up their momentum, while smaller BDs showed both weaker than expected and surprisingly strong results.
Give Us Tougher Financial Reform, Americans Say
Nearly five years after the financial crisis and three years since passage of the Dodd-Frank Act, Americans across lines of race, age, geography and political affiliation who “strongly” support tougher rules for Wall Street jumped 10 percentage points over those favoring such reform last year, according to a study by...