Bitcoin is up 12% this month — even though barely anybody is trading it
Bitcoin has rallied sharply this month — but not for reasons you might think. The world’s largest digital currency has…
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…
A.I. has a discrimination problem. In banking, the consequences can be severe
AMSTERDAM — Artificial intelligence has a racial bias problem. From biometric identification systems that disproportionately misidentify the faces of Black…
Stocks making the biggest moves midday: Goldman Sachs, Avis, Rivian, Nike and more
Check out the companies making headlines in midday trading. Goldman Sachs — Shares declined 2.2% in midday trading. This past…
Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate
Goldman Sachs CEO David Solomon said Monday that his bank will disclose markdowns on commercial real estate holdings as the…
JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm
To at least one market veteran, the stock market’s resurgence after a string of bank failures and rapid interest rate…
Boss of Goldman-backed digital bank Starling to step down next month
The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…
JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice
JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…
Goldman Sachs is cutting jobs again amid Wall Street deals slump
Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump…
Warren Buffett says American banks could face more turbulence ahead, but deposits are safe
Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety…
