- Wall Street biggies have worst quarter since crisis
The biggest Wall Street firms posted their worst quarter in both trading and investment banking since the depths of the financial crisis.
- Goldman's invest & advise model thrives with Facebook deal
Principal investing - in which Goldman uses its own money to buy stakes in companies or real estate - generated a total of $9.4 bn for the ...
- Goldman Sachs net drops 40%
Third-quarter net income fell to $1.9 billion, or $2.98 a share, from $3.19 billion, or $5.25, a year earlier, the New York-based bank said...
- Goldman Sachs shares dip, but analysts upbeat
Wall Street analysts maintained positive views Monday on Goldman Sachs Group Inc., even though the investment bank's shares continued to ta...
- No curbs on Wall Street pay despite meltdown
America's biggest banks are preparing to pay their workers as much as last year or more, including bonuses. Shrinking job market I Retain y...
- Buffett lends a shoulder to Goldman
Goldman Sachs Group won the backing of Warren Buffett, the world���s pre-eminent stock picker, as the Wall Street firm seeks to raise cash ...
- Lehman likely to reap $7 b in Neuberger sale
Lehman Brothers Holdings may reap $7 billion by selling Neuberger Berman, its asset-management unit, as mortgage-related assets further ero...
- Merrill asset sales stir question of credibility
Merrill Lynch & Co's latest move to clear failed credit market investments from its books is likely to pressure other financial companies t...
- Merrill may see another downgrade on writedowns
Forecasts for huge second quarter writedowns at Merrill Lynch & Co have intensified concerns Moody's Investors Service may cut its debt rat...
- Subprime woes continue for Citigroup, Merrill
Citigroup, the bank that posted the biggest losses from the collapse of the US mortgage market, may take an additional $8.9 billion in net ...
- Lehman likely to post loss, may sell stock to raise $4b
Lehman Brothers may report its first quarterly loss since going public in 1994, increasing pressure on the company to raise capital by sell...
- Banks, securities firms mask $35-b markdowns
Banks and securities firms, reeling under record losses resulting from the collapse of the mortgage securities market, are failing to ackno...
- Wall Street i-bankers stuck with debt
Wall Street invest bankers are stuck with debts worth 11 billion dollars they can't sell.
- Merrill plays catch up with Goldman, Lehman
Merrill Lynch & Co CEO Stanley O’Neal is making acquisitions at the fastest pace in more than a decade to catch up with Goldman Sachs Group...
- The slip's showing
Citigroup and JPMorgan Chase & Co trail the earnings growth of Goldman Sachs Group and Morgan Stanley.
- US, European regulators probe hedge fund loans
US and European regulators, turning a spotlight on one of Wall Street’s most profitable businesses, are conducting a joint probe into wheth...
- Street M&A set to sizzle next year
As hot as the mergers market is now, it’s about to get hotter. All the variables are in place for acquisitions in 2007 to surpass this year...