Goldman Sachs’ partnership with Apple that manages the Apple Card may end before 2030, Goldman Sachs CEO David Solomon said Wednesday (Jan. 15). “We have a contract with Apple to run that partnership until 2030, although there is some possibility that it won’t continue until...
Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking & Markets business. The global financial institution will also expand the alternatives investment team in its Asset & Wealth Management...
Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all manner of sectors. The roster is almost always the same: JPMorgan — the largest bank by assets — Citigroup and...
America’s biggest banks apparently have Donald Trump to thank for a successful quarter. Banking giants are set to report $31 billion in profits for the last three months of last year, fueled by a surge in trading and dealmaking following the U.S. presidential election, the...
January 13, 2025
Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all manner of sectors. The roster is almost always the same: JPMorgan — the largest bank by assets — Citigroup and Wells Fargo are the first out of the gate, followed […]
October 21, 2024
If there’s been a consistent theme thus far during earnings season, it’s that consumer spending has proven to be resilient across any number of demographics. And as a result, for...
July 22, 2024
The CE 100 Index faltered 0.8% in a week that reminded us just how connected we all are — by software, hardware, and apps — and how an outage can...
April 22, 2024
The CE 100 Index gave up 3.5% for the week as earnings season began in full swing. Stock market gains were few and far between. The banking group eked out...
January 21, 2025
Goldman Sachs has introduced an AI assistant for its traders, bankers and asset managers. Marco Argenti, the bank’s chief information officer, tells CNBC in an interview published Tuesday (Jan. 21) that it’s part of a larger artificial intelligence (AI) program that will ultimately take on the traits of a Goldman Sachs (GS) employee. The GS AI Assistant has […]
January 15, 2025
Goldman Sachs’ partnership with Apple that manages the Apple Card may end before 2030, Goldman Sachs CEO David Solomon said Wednesday (Jan. 15). “We have a contract with Apple to...
January 15, 2025
Goldman Sachs Group has created a Capital Solutions Group that will bring together its financing, origination, structuring and risk management solutions in its Global Banking & Markets business. The global...
January 13, 2025
America’s biggest banks apparently have Donald Trump to thank for a successful quarter. Banking giants are set to report $31 billion in profits for the last three months of last...
