David Solomon

American Express CEO says spending is strong, delinquencies are down from 2019

American Express CEO Stephen Squeri on Friday said the credit card company saw “good consumer spending” during the holidays and…

Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025

JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of…

Goldman Sachs tops revenue estimates on better-than-expected asset management results

Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts’ expectations on better-than-expected asset and wealth management revenue. Here’s what…

Apple is trying to unwind its Goldman Sachs credit card partnership

Apple has given Goldman Sachs a proposal to end its credit card and savings account partnership within the next 12…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…

Goldman Sachs tops estimates on stronger-than-expected bond trading

Goldman Sachs posted third-quarter profit and revenue Tuesday that exceeded analysts’ estimates on stronger-than-expected trading revenue. Shares of the bank…

Former Bridgewater CEO Dave McCormick could get big money backing for Pennsylvania U.S. Senate run

A month before Dave McCormick’s announcement Thursday for his second run for a U.S. Senate seat from Pennsylvania, he was…

Goldman Sachs’ future hinges on a low-profile, high-growth business

Goldman Sachs is known as Wall Street’s top brand, a juggernaut employing some of the world’s best traders and investment…

Goldman Sachs misses on profit after hits from GreenSky, real estate

Goldman Sachs on Wednesday posted profit below analysts’ expectations amid write-downs tied to commercial real estate and the sale of…

Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal

Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky after seeking to…