Goldman Sachs And Jpmorgan Chase

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  Goldman Sachs, JPMorgan Say Adani Debt Offers Value To Trading Clients

  On a call with investors Thursday, Goldman Sachs trading executives expressed the firm's view that Adani debt had hit a floor in the short term and bonds of Adani Ports & Special Economic Zone Ltd. have become interesting at the current price due to the value of that company's assets.

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  On Job Cuts, JPMorgan And Bank Of America Cautious Even As Goldman Layoffs Loom

  JPMorgan Chase and Bank of America, the two largest US banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month.

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  Reddit Said to Tap Morgan Stanley, Goldman Sachs for IPO

  Reddit, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs for its IPO, a source familiar with the matter said.

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  London Traders Brace For Biggest Night Since 'Black Wednesday'

  A vote to leave the European Union on June 23 would spook investors by undermining post-World War 2 attempts at European integration and placing a question mark over the future of the United Kingdom and its $2.9 trillion economy.

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  Goldman Group Set to Buy Message System as Alternative to Bloomberg: Report

  Wall Street firms led by Goldman Sachs Group Inc are close to buying a stake in chat and instant messaging startup Perzo Inc in pursuit of an alternative to a similar application from Bloomberg LP, sources familiar with Goldman's plans said.

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  Goldman Sachs director Rajat Gupta Penning Book: Report

  India-born former Goldman Sachs director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.

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  Goldman Sachs Q1 profit falls 11 per cent but beats estimates

  Goldman Sachs Group Inc reported an 11 per cent drop in quarterly profit as client activity remained constrained and fixed-income revenue shrank, but both earnings and revenue beat market estimates and the Wall Street bank's shares rose.

• Why US profits could bounce in 2014

  A more robust US economy could lift 2014 profits and boost corporate spending, giving some comfort to investors worried about bloated stock prices.

• Wall Street week ahead: For stocks, earnings take center stage

  A number of big banks are due to report their quarterly and full-year results next week, including JPMorgan Chase & Co and Wells Fargo & Co on Tuesday, Bank of America Corp on Wednesday, Goldman Sachs Group Inc and Citigroup Inc on Thursday, and Morgan Stanley on Friday.

• Five years after Lehman, risk moves into the shadows

  But five years after the collapse of Lehman Brothers turned a mortgage crisis into a full-blown financial panic, banks are pulling back their balance sheets from the fringes of the credit markets, with more and more risk being driven to unregulated lenders that comprise the $60 trillion "shadow-banking" sector.

• US regulator wins as ex-Goldman executive Tourre found liable for fraud

  A jury found former Goldman Sachs Group Inc vice president Fabrice Tourre liable for fraud for his role in a failed mortgage deal that cost investors $1 billion, in a big victory for the US Securities and Exchange Commission.

• JPMorgan faces 'hard sell' in crowded market for commodity traders

  JPMorgan Chase & Co. said on Friday it would seek 'strategic alternatives' for its physical oil, gas, power and metals trading division, the core of which is a group that's already been through two ownership changes since 2008.

• Asian banks woo commodity clients as Western lenders exit

  Asian lenders are building on links to local companies to expand into trade and project financing, and using strong ties to identify opportunities, connecting, say, a Mongolian miner with a Chinese investor or an Indian trading house with an Indonesian smelter.

• JPMorgan, other banks tinker with risk models

  In 2011, senior executives at JPMorgan Chase & Co told one of the bank's trading and hedging groups to scale back its riskier positions as new regulations would make these bets much more expensive to maintain.

• Wall Street falters as JPMorgan falls; S&P pauses below record

  US stocks slipped on Friday, weighed by a decline in JPMorgan Chase shares after the bank was hit by a one-two punch of bad news and as investors paused just below the S&P 500's record high.