Nov 9- Goldman Sachs Group Inc elevated 84 employees on Wednesday to its prestigious partner class. The new group has six more people than the prior class, which was announced in 2014. Goldman embarked on a cost-cutting plan in the first half of the year intended to save $700 million a year.
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, 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.
Jack Dorsey revealed his No. 1 interview question when looking for talent.
Warren Buffett said that business owners should write this phrase on their mirror tomorrow morning.
Michael Bloomberg revealed what he looks for in talent at a small business panel on Tuesday.
The bank has redefined itself in the wake of the global financial crisis, and Goldman Sachs feels fine.
Wall Street's top dogs partied the night away at the 2016 Robin Hood benefit Monday night in New York City, and raised money for a worthy cause.