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Goldman Sachs Group Inc

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  • RIVERHEAD, New York— Closing arguments are expected to be held Tuesday in the trial of a New York City investment banker accused of raping an Irish tourist on Long Island. Former Goldman Sachs executive Jason Lee has pleaded not guilty to raping a 20- year-old woman in the bathroom of an East Hampton home he rented in the summer of 2013.. The victim returned from...

  • FRANKFURT, April 27- A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said. Deutsche Bank, Germany's biggest lender, has spent much of this year looking at ways of reconfiguring its...

  • Final Glance: Banks companies Monday, 27 Apr 2015 | 6:06 PM ET

    Bank of America Corp. fell$. 08 or. 5 percent, to $15.56. Citigroup Inc. fell$. 10 or. 2 percent, to $52.80. Goldman Sachs fell $1.47 or. 7 percent, to $196.52.

  • ATLANTIC CITY, N.J.— On Monday, New Jersey casino regulators told a bankruptcy court it can't transfer the license of Atlantic City's former Revel casino to new owner Glenn Straub. That's because utility company ACR Energy Partners cut off service to the building on April 9— two days after Straub bought it— in the absence of a contract for future service there.

  • Midday Glance: Banks companies Monday, 27 Apr 2015 | 1:50 PM ET

    Bank of America Corp. fell$. 02 or. 1 percent, to $15.62. Citigroup Inc. fell$. 01 or percent, to $52.89. JPMorgan Chase fell$. 02 or percent, to $62.58.

  • Military vets make job gains, but one group lags Monday, 27 Apr 2015 | 1:27 PM ET
    A job seeker speaks with an employer at the Veterans On Wall Street job fair in New York, U.S., on Thursday, June 21, 2012.

    Despite the decline in the female veteran unemployment rate, women vets still lag behind their male counterparts.

  • Early Glance: Banks companies Monday, 27 Apr 2015 | 11:25 AM ET

    Bank of America Corp. rose$. 09 or. 6 percent, to $15.73. Citigroup Inc. rose$. 35 or. 7 percent, to $53.25. Goldman Sachs rose $1.01 or. 5 percent, to $199.00.

  • Why I'm a long-term bull: Bouroudjian Monday, 27 Apr 2015 | 10:55 AM ET
    Jack Bouroudjian

    How did that UK trader allegedly cause the "flash crash?" Ex-trader Raj Malhotra breaks it down.

  • *U.S. rig count drops to lowest since 2010- Baker Hughes. *Fighting escalates in Yemen, no resolution in sight. SINGAPORE, April 27- Brent crude prices held near a 4-1/ 2 month high above $65 a barrel on Monday, supported by concerns over fighting in Yemen disrupting Middle East supplies and signs that U.S. shale output may have started to decline.

  • China stocks: This may spark another round of buying Monday, 27 Apr 2015 | 12:28 AM ET
    A woman holding balloons walks near Oriental Pearl Radio & TV Tower in Shanghai

    China shares have surged this year, but with active fund managers still underexposed to the market, the rally isn't over, Goldman Sachs said.

  • *Legal reserves at 4.8 bln euros, contingent liabilities up. FRANKFURT, April 26- Deutsche Bank's earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal charges eroded gains in investment banking revenue, while it prepares to unveil details of a strategic overhaul. Deutsche has so far positioned itself as Europe's "last man...

  • Correction protection. 3 best Street ideas on week Saturday, 25 Apr 2015 | 7:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    CNBC Pro highlights the three best strategy notes that came across our desk this week.

  • Final Glance: Banks companies Friday, 24 Apr 2015 | 8:08 PM ET

    Bank of America Corp. fell$. 05 or. 3 percent, to $15.64. Citigroup Inc. fell$. 32 or. 6 percent, to $52.90. Goldman Sachs fell $1.32 or. 7 percent, to $197.99.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher on Friday, with the Nasdaq setting another record as investors cheered major earnings reports.

  • Reuters reported earlier this month that Pure Storage Inc has hired banks in preparation for an IPO, one year after a private placement valued the data storage company at more than $3 billion. The San Jose, California- based company counts the U.S. Army, Starbucks Corp and eBay Inc among the thousand-plus customers for the infrastructure it builds for data...

  • Midday Glance: Banks companies Friday, 24 Apr 2015 | 1:36 PM ET

    Bank of America Corp. fell$. 04 or. 3 percent, to $15.65. Citigroup Inc. fell$. 25 or. 5 percent, to $52.97. Goldman Sachs fell $1.09 or. 5 percent, to $198.22.

  • Wall Street jets west for 'Davos with palm trees' Friday, 24 Apr 2015 | 11:54 AM ET
    Ken Griffin speaks at the 2013 Milken Institute Global Conference.

    The financial community—including Steve Schwarzman, Ken Griffin and Steve Cohen—will once again figure prominently at Milken.

  • *Euro zone banks best relative value since 2012- Barclays. LONDON, April 24- European banking shares, shunned by investors after the lenders accrued a spate of expensive fines and were hit by restrictive new regulation, are attracting interest again as the outlook for lending improves and valuations look to be bottoming out. Morgan Stanley and Goldman Sachs said...

  • Early Glance: Banks companies Friday, 24 Apr 2015 | 10:55 AM ET

    Bank of America Corp. fell$. 01 or. 1 percent, to $15.68. Citigroup Inc. fell$. 27 or. 5 percent, to $52.95. Goldman Sachs fell $1.30 or. 7 percent, to $198.01.

  • Early movers: BIIB, XRX, MSFT, AMZN, SBUX & more Friday, 24 Apr 2015 | 8:09 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.