Goldman Sachs CEO Lloyd Blankfein spoke at length with CNBC about the firm's earnings, valuations and the coming U.S. presidential election.
Lloyd Blankfein's comments follow renewed criticism of Hillary Clinton and the perception of her cozy relationship with Wall Street.
The Goldman Sachs CEO made his comments in an interview on CNBC's "Power Lunch" on Wednesday.
Lloyd Blankfein, Goldman Sachs Chairman & CEO, speaks with CNBC's David Faber about Donald Trump's claims that he and other financial titans are working in secret with Hillary Clinton to destroy U.S. sovereignty in favor of special interest groups.
Lloyd Blankfein, Goldman Sachs Chairman & CEO, speaks with CNBC's David Faber about his company's earnings and those of other banks.
Oct 18- Goldman Sachs Group Inc reported a 58 percent jump in third-quarter profit on Tuesday as bond trading rebounded and the Wall Street bank managed to keep a lid on expenses. Goldman reported nearly $2 billion in revenue from trading fixed income, currency and commodities, making it the biggest contributor to overall revenue. Strong bond issuance and...
Oct 18- Goldman Sachs Group Inc reported much bigger profits on Tuesday than Wall Street had been expecting, helped by a substantial rebound in bond trading. However, the third quarter was a good one for bond trading revenue across Wall Street, thanks to Britain's surprise vote to quit the European Union and uncertainty about monetary policy in the United States...
Net income applicable to shareholders jumped to $2.10 billion in the third quarter ended Sept. 30 from $1.33 billion a year earlier, while earnings per share rose to $4.88 from $2.90. Revenue from trading fixed-income securities, commodities and currencies increased 34 percent to $1.96 billion, helping to boost total net revenue by 19 percent to $8.17 billion.
NEW YORK— Goldman Sachs' earnings soared in the third quarter, driven largely by trading and investment gains. Goldman benefited from similar forces that helped boost trading of other major Wall Street banks, including JPMorgan Chase, Citigroup and Bank of America. Wall Street banks benefited from volatility in bond and currency markets in the third quarter as...
Hillary Clinton embraced unfettered trade and praised a balanced budget that would have required Social Security cuts, The New York Times reports.
NEW YORK, Sept 21- Wells Fargo& Co Chief Executive John Stumpf prides himself on being a banker who understands the little guy's financial problems. He smiles, and he's sweet and he's in no way responsible, "said Robert Monks, chairman of ValueEdge Advisors, which advises investors on corporate governance issues. Earlier this month, the lender agreed to pay $190...
Lloyd Blankfein says an expensive law degree may not be worth it — and there are numbers to back his claim.
If the self-made billionaire could do it all over again, here's what he would tell his younger self.
Even the most successful people don’t have all the answers — that's why Tim Cook turns to other successful people at pivotal moments.
Here are some highlights (1,775 words!) from Apple CEO Tim Cook's interview.
It's getting tougher to be a CEO — if you don't work for one of the giant banks.
July 19- Goldman Sachs Group Inc's quarterly profit jumped 78 percent, handily beating market expectations, as the Wall Street bank earned more from bond trading and its expenses fell. The bank, like other Wall Street firms, has been focusing on cutting costs as concerns about slowing growth in China and other major markets discourage dealmaking and trading.
July 6- Consulting and outsourcing company Accenture Plc said Chief Executive Pierre Nanterme was diagnosed with colon cancer and is currently recovering from a surgery. "I have been advised by my doctors that I will be able to stay actively involved in the day-to-day operations of the company throughout this process," Nanterme said in a statement.
LONDON, June 29- U.S. investment banks Goldman Sachs and Morgan Stanley have denied speculation they are poised to shift London- based staff and operations to Frankfurt as soon as Britain's divorce proceedings from the European Union formally begin. "We have not made any changes to our real estate requirements in Frankfurt as a result of the referendum result,"...
NEW YORK/ LONDON/ FRANKFURT, June 24- Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub. Even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace London as New...