Goldman Sachs topped forecasts with earnings per share of $3.72 and revenue of $7.932 billion.
Boutique banks have increased their market share of M&A over big Wall Street firms year over year.
Francois Hollande criticized former European Commission chief Jose Manuel Barroso's decision to take a job at Goldman Sachs.
Kevin Warsh, Hoover Institution, shares his thoughts on a new paper that claims the Fed could have saved Lehman Brothers during the financial crisis.
After taking a big dive to start the year, consumer banks outpaced Wall Street I-banks’ shares in recovering.
A chief equity strategist at the firm says it's a tough and transitional moment for US stocks.
Analysts are almost universally bearish on consumer banks in the longer term, because interest rates are likely to stay low.
The investment bank tells investors to hold a diversified portfolio of currencies and some gold.
As DFZQ becomes the first brokerage to list since the 2015 mainland market rout, Ivan Li of Tung Shing Securities warns Chinese financials will have a tough time this year.
The good news first: it's likely getting better. Of course, that comes as big banks try to rebound from the bad news: it's been the worst start to a year, on a number of metrics, since the global financial crisis.
Stewart Richardson, partner at RMG Wealth Management, discusses why investors were complacent ahead of the U.K.'s referendum on EU membership.
Out of three things the Federal Reserve says it needs to raise rates, one is virtually guaranteed to not happen any time soon.
Though stocks have stabilized, bond yields continue to plummet, which is certain to have economic aftershocks.
Boutique banks have taken more of traditional banks’ cherished revenue driver this year than in 2015.
Key Italian financial services firms are under pressure and face the potential need to raise capital, leaving Italian government officials and its banking system trying to steer clear of a crisis.
Politicians and regulators out to prevent monopolies kill inversion deals put a big crimp in a key Wall Street business.
Credit opportunities top equities now, KKR's McVey says, with banks restricted from making loans to private equity.
Thirty U.S. banks pass regulatory exams; objections to European banks' U.S. units could be viewed as "serious" by investors.
The decreasing likelihood that the Fed will raise interest rates this year means trouble for Wall Street.
Insurance firms and U.K. banks are among those to feel the worst impact, analysts say.