Mysterious crypto ‘dark money’ group ramps up lobbying efforts ahead of 2024 election
A new mysterious nonprofit group backed by the crypto industry has set up a mailing address about 100 miles away…
Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth
Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the…
Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks
Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to…
Goldman Sachs is betting on the small cap rally. Here’s how.
Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the…
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance…
Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while…
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…
Goldman Sachs paid pro golfer Patrick Cantlay more than $1 million annually, sources say
Goldman Sachs paid professional golfer Patrick Cantlay more than $1 million annually in a sponsorship deal linked to the bank’s…
