Goldman Sachs, JPMorgan, and Citi surged past expectations
Digest more
Goldman Sachs boss David Solomon has said the bank has become “especially vigilant” to manage risks arising from high US equity markets driven by artificial intelligence, as others on Wall Street warn about the creation of potential bubbles.
Wall Street firm will “constrain headcount growth through” 2025 and carry out a “limited reduction in roles across the firm,” according to a memo.
Goldman Sachs is preparing for another round of job cuts before year-end, aiming to achieve further savings and leverage efficiencies from artificial
Banks led by Goldman Sachs Group Inc. and Bank of America Corp. have lined up a €1.215 billion loan for Verisure Plc after the security firm pulled off Europe’s biggest initial public offering in three years.
Goldman Sachs has lost more than a dozen senior investment bankers this year, a higher number than normal, after internal shakeups and a sluggish start to 2025 drove them to seek new opportunities, according to three sources familiar with the situation.
Silver could face "significantly more" volatility and downside risk than gold, since only gold enjoys central-bank support.
Goldman Sachs plans layoffs and hiring slowdown as it reveals its new AI push.
Up to 55 percent of the cost is being shifted onto consumers, according to a new analysis from the Wall Street bank.