WALL STREET

Wall Street Sees Mixed Movement as Tech Slips, Banks Rally

Bank stocks surged on strong earnings, while tech stocks slipped, dragging the S&P 500 and Nasdaq lower. Investors await more…

1 year ago

Global Markets React to Economic Data, Igniting Fears of Rate Hikes

Global markets experienced a sudden downturn fueled by a mix of conflicting economic indicators, triggering apprehensions about potential interest rate…

2 years ago

Singapore Stock Market Surges Amid Global Optimism and Positive Earnings Reports

The Singapore stock market showed resilience in the face of recent volatility, bouncing back on Wednesday with positive sentiment amid…

2 years ago

Bank of America Agrees to Pay $250 Million in Refunds and Fines

Bank of America, one of the largest banks in the United States, has agreed to pay over $250 million in…

2 years ago

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago

Goldman Sachs dealmakers see M&A recovery in second half of 2023

Goldman Sachs Group Inc's top dealmakers are bullish on a recovery in global mergers & acquisitions (M&A) in the second half…

3 years ago

Exclusive: Tesla makes China boss highest-profile executive after Musk

Tesla Inc's China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as…

3 years ago

Goldman Sachs to stop making unsecured consumer loans – source

Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday,…

3 years ago

Exclusive: Morgan Stanley to slash 2022 banker bonuses in Asia by up to half

Morgan Stanley plans to slash investment bankers' annual bonuses by as much as 50% in Asia, said two people with…

3 years ago

Analysis: Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,…

3 years ago