Fed independence is ‘something we should fight to preserve,’ says David Solomon, CEO of Goldman Sachs. The nation’s biggest ...

The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.

When it comes to earnings season, few sectors matter as much as the financial sector. Considering that banks, both commercial and investment banks, hold the bulk of data on consumer and business ...

Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” second quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund ...

The bank’s financial report revealed that Wells Fargo’s total allowance for credit losses (ACL) increased modestly by $16 million, yet the allowance coverage ratio for total loans declined slightly by ...

BofA has “done a lot of work” on launching its stablecoin and is trying to understand customer demand in the space.

Citigroup analysts have cut their S&P 500 target for 2022 by 500 points after stubbornly high inflation spurred the Federal Reserve to aggressively raise interest rates.

Amid sustained momentum in global precious metals markets, Citigroup’s latest research report presents divergent forecasts for silver and gold. Released ...

Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly ...

Consumers are generally staying on top of paying off debt. Businesses’ and households’ demand for new credit is rising after a period of weak loan growth. Corporations’ management teams are feeling ...

Goldman Sachs Group Inc. (NYSE:GS) reported a solid second quarter for 2025, with results surpassing analyst estimates. The ...

Goldman Sachs posted the largest quarterly stock-trading bonanza in its history, as banks across Wall Street bagged fat profits from markets roiled by uncertainty over President Trump’s tariffs.