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Financials Lloyd Blankfein

  • Wall Street NYSE bull

    Goldman Sachs' stunning first-quarter profit disappointment immediately set off some serious head-scratching on Wall Street.

  • April 18- Goldman Sachs Group Inc reported earnings that missed Wall Street expectations on Tuesday as weak trading revenue outweighed gains in other areas, sending its shares down nearly 3 percent in premarket trading. The fifth-largest U.S. bank by assets generated its lowest trading revenue in five quarters even as Wall Street rivals reported gains.

  • Total revenue from trading fell 2.4 percent to $3.36 billion, the lowest in five quarters. "The operating environment was mixed, with client activity challenged in certain market-making businesses...," Chief Executive Lloyd Blankfein said in a statement. Earnings per share rose to $5.15 from $2.68.

  • NEW YORK— Goldman Sachs had a rare miss in its first quarter results, the bank said Tuesday, as its typically best-in-class trading desks did not perform as well as its competitors. The New York- based investment bank earned $2.16 billion compared with $1.2 billion in the same period a year earlier. On a per-share basis, Goldman Sachs earned $5.15 a share versus...

  • May had delivered her vision two days earlier for pulling Britain out of the European Union's single market. Now the Wall Street banks, fearing Britain was headed for trouble, wanted to hear more about her strategy. "We contribute a double-digit percentage to Britain's GDP.

  • NEW YORK/ BOSTON March 23- For the first time in more than a decade, Goldman Sachs Group Inc has managed to avoid any proxy battles with activist shareholders by convincing investors and securities regulators that voting on several proposed corporate policy changes were unnecessary. But in at least two cases, shareholders withdrew proposals after Goldman...

  • NEW YORK/ BOSTON March 23- For the first time in more than a decade, Goldman Sachs Group Inc has managed to avoid any proxy battles with activist shareholders by convincing investors and securities regulators that voting on several proposed corporate policy changes were unnecessary. But in at least two cases, shareholders withdrew proposals after Goldman...

  • March 17- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein saw his overall compensation fall slightly, reflecting lower revenues at the bank in the first half of 2016.. Blankfein and Citigroup Inc CEO Mike Corbat were the only major bank CEOs whose pay was cut. Bank of America Corp CEO Brian Moynihan's compensation surged 25 percent to $20 million, his...

  • March 17- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein saw his overall compensation fall slightly, reflecting lower revenues at the bank in the first half of 2016.. Blankfein and Citigroup Inc CEO Mike Corbat were the only major bank CEOs whose pay was cut. Bank of America Corp CEO Brian Moynihan's compensation surged 25 percent to $20 million, his...

  • March 17- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein was paid $22 million in total compensation in 2016, according to a regulatory filing. Blankfein was paid about $23 million in salary and bonuses in 2015. Chief Financial Officer Harvey Schwartz received a total compensation of $20 million in 2016, compared with $21 million a year earlier.

  • Barry Sternlicht

    "They were talking about the things that are being undone" by the president, the Starwood Capital Group founder tells CNBC.

  • JPMorgan Chase CEO Jamie Dimon attends a policy forum with President Donald Trump in the State Dining Room at the White House, Feb. 3, 2017, in Washington.

    CNBC's Wilfred Frost takes a look at which corporate leaders made the most money from the surge in stocks since Donald Trump won the White House.

  • NEW YORK, Feb 14- Technology whizzes who helped Goldman Sachs eliminate hundreds of trading jobs over the past few years are venturing into the bank's flagship M&A business, making some junior bankers uneasy. A team of 75 programmers, internally referred to as "strats," has been developing technology to make Goldman's elite dealmakers more productive.

  • Goldman Sachs

    Technology whizzes who helped Goldman Sachs eliminate hundreds of trading jobs over the past few years are venturing into the bank's flagship M&A business, making some junior bankers uneasy.

  • NEW YORK, Feb 14- Technology whizzes who helped Goldman Sachs eliminate hundreds of trading jobs over the past few years are venturing into the bank's flagship M&A business, making some junior bankers uneasy. A team of 75 programmers, internally referred to as "strats," has been developing technology to make Goldman's elite dealmakers more productive.

  • In a letter to CEO Lloyd Blankfein dated Feb. 9 and made public on Friday, Democratic Senators Elizabeth Warren and Tammy Baldwin asked for details on "lobbying" activities in the bank related to review of the Dodd-Frank Act and the Obama-era fiduciary rule on financial advice. In December, Trump appointed Gary Cohn, former Goldman president and chief operating...

  • In a letter to CEO Lloyd Blankfein, Democratic senators Elizabeth Warren and Tammy Baldwin asked for details on "lobbying" activities in the bank related to review of the Dodd-Frank Act and the Obama-era fiduciary rule on financial advice. In December, Trump appointed Gary Cohn, former Goldman chief operating officer, to head the White House National Economic...

  • Jan 30- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein became the first major Wall Street leader to speak out against President Donald Trump's order to halt arrivals from several Muslim-majority countries. In Silicon Valley, the heads of companies such as Apple and Facebook swiftly denounced Trump's immigration ban. But the rest of corporate...

  • Wall Street NYSE

    The finance world delivered a muted response to Trump's temporary ban on immigration. The New York Times reports.

  • Jan 30- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein became the first major Wall Street leader to speak out against President Donald Trump's order to halt arrivals from several Muslim-majority countries. In Silicon Valley, the heads of companies such as Apple and Facebook swiftly denounced Trump's immigration ban. But the rest of corporate...