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Goldman Sachs Group Inc

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  • FACTBOX-Deutsche Bank looks to slash retail banking Saturday, 18 Apr 2015 | 8:54 AM ET

    FRANKFURT, April 18- Deutsche Bank will sell Postbank but keep its own-branded retail division under one of two strategic overhaul models currently favoured by management, sources familiar with internal discussions said. This model would see Deutsche Bank broken in two, with all retail activities sold off, and Deutsche abandoning its so-called universal...

  • Final Glance: Banks companies Friday, 17 Apr 2015 | 6:03 PM ET

    Bank of America Corp. fell$. 23 or 1.5 percent, to $15.56. Citigroup Inc. fell$. 95 or 1.8 percent, to $53.07. Goldman Sachs fell $2.86 or 1.4 percent, to $197.35.

  • Why banks made more money last quarter Friday, 17 Apr 2015 | 3:41 PM ET

    NEW YORK— Wall Street and Main Street gave banks a boost last quarter. JPMorgan Chase created $24.7 billion worth of mortgages, up 45 percent from a year earlier, while Bank of America put together mortgages worth $13.7 billion, up 54 percent. Wells Fargo, the nation's largest mortgage lender, generated $49 billion in home loans, up 36 percent from the same period...

  • ATLANTIC CITY, N.J.— A federal judge is prohibiting the new owner of Atlantic City's former Revel casino from connecting to equipment owned by a utility company at the center of a literal power struggle at the now-dark Boardwalk complex. U.S. District Court Judge Jerome Simandle issued a temporary restraining order Friday prohibiting Glenn Straub from...

  • Midday Glance: Banks companies Friday, 17 Apr 2015 | 1:17 PM ET

    Bank of America Corp. fell$. 26 or 1.6 percent, to $15.54. Citigroup Inc. fell$. 77 or 1.4 percent, to $53.25. Goldman Sachs fell $3.08 or 1.5 percent, to $197.14.

  • Early Glance: Banks companies Friday, 17 Apr 2015 | 10:57 AM ET

    Bank of America Corp. fell$. 16 or 1.0 percent, to $15.63. Citigroup Inc. fell$. 30 or. 6 percent, to $53.72. Goldman Sachs fell $2.38 or 1.2 percent, to $197.83.

  • *China trading clampdown hits futures and rocks Europe. LONDON, April 17- European shares extended losses on Friday, with traders pointing to weakness in Chinese futures markets as one of the drivers of the fall on a trading day also marked by an outage on Bloomberg financial terminals. "Traders had to catch up with that news after the Bloomberg terminals came back...

  • LONDON— Bloomberg LP's trading terminals, which are used by most of the world's biggest financial firms, went down for a few hours Friday due to apparent technical problems, a crash that prompted the British government to postpone a planned 3 billion-pound debt issue. Users said the outage started as trading was about to get in full swing around 8 a.m. in London,...

  • Tech, media and telecoms M&A hits 9-year high Friday, 17 Apr 2015 | 5:21 AM ET

    LONDON, April 17- Worldwide dealmaking in the technology, media and telecoms sectors is at its highest level year-to-date since 2006, buoyed by Nokia's 15.6 billon euro bid for Alcatel-Lucent this week, Thomson Reuters data shows. So far this year, deals worth $245.8 billion have been struck globally in TMT, accounting for a combined 23 percent of worldwide M&A...

  • LONDON, April 17- A pullback in bearings maker SKF and crop chemicals group Syngenta weighed on European equities on Friday, keeping a lid on the region's stock markets after a strong run so far this year. Some traders said lingering worries over Greece were also leading investors to trim back positions and take profits on the stock market rally.

  • April 16- Citigroup Inc reported its highest quarterly profit in nearly eight years as costs plunged, showing that the bank's efforts to streamline its business may be starting to pay off. Citi has been slowly getting its house in order by cutting costs and shedding assets that are not critical to its main businesses. Citi's operating expenses fell 10 percent to...

  • WASHINGTON, April 16- Democrat Hillary Clinton plans to name Gary Gensler, a former financial regulator who pushed for stricter oversight of Wall Street, as the chief financial officer for her presidential campaign, Bloomberg reported on Thursday. Gensler, whose five-year term as the chairman of the Commodity Futures Trading Commission ended in January 2014,...

  • DIARY- Top Economic Events to April 29 Thursday, 16 Apr 2015 | 8:01 PM ET

    WASHINGTON- 2015 Spring Meetings of the World Bank Group and the International Monetary Fund. WASHINGTON- Institute for International Finance hosts International Capital Markets and Emerging Markets Roundtable. NEW YORK- Reserve Bank of Australia Governor Glenn Stevens speaks at an American Australian Association luncheon hosted by Goldman Sachs- 1630...

  • NEW YORK, April 16- Goldman Sachs Group Inc's blockbuster performance in stock trading last quarter has some Wall Street watchers wondering whether it knocked rival Morgan Stanley out of the top spot in equities. Goldman was head-and-shoulders above Morgan Stanley for many years in stock trading, where the two banks compete aggressively to finance hedge...

  • Final Glance: Banks companies Thursday, 16 Apr 2015 | 6:03 PM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.79. Citigroup Inc. rose$. 81 or 1.5 percent, to $54.02. Goldman Sachs fell$. 89 or. 4 percent, to $200.21.

  • NEW YORK, April 16- Wall Street equities finished modestly lower on Thursday as investors worried about coming corporate results, while European stocks fell nearly 1 percent under the weight of Greece's worsening financial predicament. Wall Street was down most of Thursday despite another flurry of better-than-expected profit reports, including Netflix...

  • NEW YORK, April 16- European stocks declined nearly 1 percent on Thursday, pressured by Greece's worsening financial predicament, and euro zone government borrowing costs hit new lows. U.S. stocks edged higher on another flurry of better-than-expected profit reports, including ones from Netflix and Goldman Sachs. The widening rift between Greece and its...

  • Financials, energy lead Halftime's trades to go Thursday, 16 Apr 2015 | 1:37 PM ET

    The "Halftime Report" traders give their trades for the second half.

  • Midday Glance: Banks companies Thursday, 16 Apr 2015 | 1:28 PM ET

    Bank of America Corp. rose$. 23 or 1.4 percent, to $15.87. Citigroup Inc. rose$. 77 or 1.4 percent, to $53.98. Goldman Sachs fell$. 70 or. 3 percent, to $200.40.

  • *Netflix rallies after results, SanDisk lower. *Etsy shares almost double in IPO. While shares of Netflix surged following blockbuster results, limiting losses on the S&P 500 and Nasdaq, shares of SanDisk slumped following a weak revenue outlook that added to concerns about the pace of top-line improvement.