The bank is facing a suit by a former client over alleged fraud involving links to Malaysian Prime Minister Najib Razak. » Read More
NEW YORK— Morgan Stanley's profits fell 14 percent in the second quarter, the bank said Wednesday, reflecting difficulties investment banks have had due to market volatility before and after Britain's vote last month to leave the European Union. Like its competitor Goldman Sachs, which reported results Tuesday, Morgan Stanley had a mixed quarter on its...
Bank earnings reflect more pay cuts than to job cuts. It's a sign some could be hitting peak efficiency.
Investment banking activity is expected to pick up in H2 and Goldman Sachs is quite cheap at the moment, says Gray Wolf Capital Management's Bill Smith.
Jim Cramer opens up the lesson book to share the biggest takeaways to survive the most intense time of the year.
A rallying dollar and a global fuel glut offset forecasts for lower U.S. crude stockpiles.
Wall Street pulled back Tuesday after stocks hit record levels this week and investors digested second-quarter earnings.
Solid quarterly numbers are giving investors plenty of hope for earnings right out of the gate so far in Q2.
Major banks have beaten earnings estimates, but the stocks are still down mightily on the year. Here’s what could turn around the group.
The GOP candidate’s pledge to bring back Glass-Steagall is an unwelcome surprise for the financial services industry.
U.S. stock futures pointed to a higher open Tuesday as investors digested second-quarter earnings.
Goldman Sachs topped forecasts with earnings per share of $3.72 and revenue of $7.932 billion.
Netflix, Goldman Sachs and Johnson & Johnson are making headlines this Tuesday morning.
Marty Mosby, Vining Sparks breaks down the big bank's quarterly results and shares his outlook on the financial sector.
Some of the names on the move ahead of the open.
NEW YORK— Goldman Sachs' earnings jumped 78 percent from a year ago as the bank's legal expenses declined and some of its trading desks saw a surge of activity during Britain's vote to leave the European Union. The investment bank said Tuesday it had a second-quarter profit of $1.63 billion after dividends to preferred shareholders, or $3.72 per share, up from...
Two drivers took Uber to a British employment tribunal, arguing that the ride service is acting unlawfully by not offering rights such as holiday and sick pay.
The Republican convention kicked off with its first big market surprise – Donald Trump wants to break up the big banks.
U.S. stocks traded higher Monday as companies posted better-than-expected earnings and Japan's Softbank announced a deal to buy a U.K. semiconductor.
The "Halftime Report" experts discuss whether to buy these stocks ahead of earnings
Today kicks off a huge week for earnings. The "FMHR" traders discuss their views on some key reports including IBM, Netflix and more.