Investment banking and brokerage

FILE - In this April 10, 2019, file photo, Goldman Sachs chairman and CEO David Solomon testifies before the House Financial Services Commitee during a hearing in Washington. Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. Solomon described the quarter as a "muted start to the year," in a written statement. (AP Photo/Patrick Semansky, File)
April 15, 2019 - 8:07 am
NEW YORK (AP) — Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. The investment bank earned a profit of $2.25 billion, or $5.71 a share, down from a profit of $2.83 billion, or $6.95 a share, in the same period a year earlier. The results...
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FILE- This March 23, 2018, file photo shows the entrance to Citibank at the Citigroup Center in downtown Los Angeles. Citigroup reports earnings Monday, April 15, 2019. (AP Photo/Richard Vogel, File)
April 15, 2019 - 8:04 am
NEW YORK (AP) — Banking conglomerate Citigroup said its first quarter profits rose by a relatively quiet 2% from a year earlier, as higher interest and investment banking revenues helped offset a decline in trading. Citi's results were similar to those of its Wall Street competitors, JPMorgan Chase...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. Goldman Sachs Group's board is taking steps to slash its top executives' 2018 compensation, depending upon the outcome of investigations into the investment bank's role in the ransacking of a multibillion-dollar Malaysian state investment fund. (AP Photo/Richard Drew, File)
February 01, 2019 - 7:26 pm
Goldman Sachs Group's board is taking steps to slash its top executives' 2018 compensation, depending on the outcome of investigations into the investment bank's role in the ransacking of a multibillion-dollar Malaysian state investment fund. In a filing with the Securities and Exchange Commission...
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Malaysian Finance Minister Lim Guan Eng speaks during a press conference at Finance Ministry in Putrajaya, Malaysia, Friday, Jan. 18, 2019. Lim said the apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it has to pay $7.5 billion as compensation. (AP Photo/Vincent Thian)
January 18, 2019 - 2:32 am
PUTRAYAJAYA, Malaysia (AP) — Malaysia's Finance Minister Lim Guan Eng said Friday that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion as compensation. Goldman CEO David Solomon...
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January 17, 2019 - 7:06 am
NEW YORK (AP) — Investment bank Morgan Stanley on Thursday reported fourth-quarter results that came up short of analysts' expectations, hurt by difficulties in trading that impacted other Wall Street firms. The New York-based firm said it earned $1.53 billion, or 80 cents a share, up from a profit...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. The Goldman Sachs Group Inc. reports financial results Wednesday, Jan. 16, 2019. (AP Photo/Richard Drew, File)
January 16, 2019 - 8:13 am
NEW YORK (AP) — Investment bank Goldman Sachs swung to a fourth-quarter profit, as the bank's advisory business helped offset a difficult quarter in trading, given the turbulent markets in late 2018. The Wall Street firm said Wednesday that it earned $2.32 billion, or $6.04 a share, compared to a $...
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FILE- This April 5, 2018, file photo shows a building's address on Wall Street in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Sept. 6. (AP Photo/Richard Drew, File)
September 06, 2018 - 3:35 pm
NEW YORK (AP) — Technology companies suffered another day of sharp losses Thursday, although the broader market didn't fare as badly. Chipmakers sank after an executive from KLA-Tencor said business in the fourth quarter looks weaker than the company expected. Apple also fell, and social media...
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