Tag: Goldman Sachs Group Inc

Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI

The Morgan Stanley digital sign is seen at the company's Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016.John Taggart |...

Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and the tilt is defensive

Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26,...

Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth

Yuichiro Chino | Moment | Getty ImagesLike it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to...

Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks

(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup;...

Goldman’s Apple Card business has a surprising subprime problem

The weakest American borrowers are starting to miss payments and default on their loans, and that is showing up at a surprising place: Goldman...

Why the $2 trillion crypto market crash won’t kill the economy

Francesco Carta Fotografo | Moment | Getty ImagesCarnage in the crypto market won't let up, as token prices plummet, companies lay off employees in...

A members-only club for female executives is coming to San Francisco with the help of Google’s cash

Chief co-founders Carolyn Childers and Lindsay KaplanPhotos courtesy of ChiefAs companies see a record number of women leaving their jobs in "the Great Resignation,"...

Twitter board adopts ‘poison pill’ after Musk’s $43 billion bid to buy company

Twitter adopted a limited duration shareholder rights plan, often called a "poison pill," a day after billionaire Elon Musk offered to buy the company...

Cramer says the market may be expecting too many Fed rate hikes this year

CNBC's Jim Cramer said Monday that investors should not bet against Federal Reserve Chairman Jerome Powell and his approach to fighting inflation."I just think...

Robinhood shares rally more than 9% Friday after falling 14% in earlier trading

Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City.Cindy Ord | Getty ImagesRobinhood clawed...

Boom times are back on Wall Street as some Goldman partners mint $15 million pay packages

Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August...

Goldman CEO says he sees ‘real wage inflation everywhere’ after 33% jump in pay expenses

People walk along Wall Street in the rain on July 08, 2021 in New York City.Spencer Platt | Getty ImagesWall Street firms are playing...

Fintech start-up MX names new CEO as firm prepares for sale or IPO

Shane Evans, interim CEO of fintech platform MX.Courtesy: MXFintech start-up MX has named Shane Evans its interim CEO as the company prepares for an...

China’s Didi Chuxing raising $1.5 billion in debt as it nears blockbuster IPO: Reports

A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China's eastern Zhejiang province.STR | AFP | Getty ImagesChinese ride-hailing...

Instacart’s valuation doubles to $39 billion

Instacart is being valued at $39 billion in a new round of funding that will add $265 million to the grocery delivery company's coffers....

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