Goldman Sachs

Why Are These CEOs So Overpaid?

The staggering growth of CEO pay might have something to do with executives' control over their own compensation. These are the chairmen/CEOs enjoying the biggest paydays.

Goldman Pushes Hedge Funds for Your 401(k)

Wall Street is rolling out low-minimum mutual funds that invest in hedge funds. What it means for you: the chance to lose money like a high roller.

London Therapist for Disheartened Bankers Tells Their Tales of Woe

A life coach to the bankers of London describes the embarrassment and misery many of her clients feel in their jobs post-financial crisis. But don't bash them, she warns.

Bloomberg Executive Apologizes as New Leaks Surface

Bloomberg LP moves to repair damage to its reputation after a report said that more than 10,000 client messages containing sensitive pricing data had been leaked online.

Bloomberg Probed Over Reporters' Access to Client Data

Bloomberg customers were examining whether there could have been leaks of confidential information, even as the media company restricted its reporters' access to client data.

Treasury Reports Rare $113B Surplus in April

The U.S. Treasury said Friday that it took in a rare surplus of $113 billion in April, the largest in five years.

The 'Oracle of Omaha' Tweets; Warren Buffett Joins Twitter

If followers were dollars, Buffett is having even more success on Twitter than he had with one of his best investments ever.

Apple Raises $17 Billion in Largest Corporate Bond Sale Ever

Apple sold $17 billion worth of bonds late Tuesday in the largest sale of corporate bonds ever, part of a plan to increase its share buyback program and boost its dividend.

Goldman Loan Lends a Boost to Penney's Flagging Finances

J.C. Penney confirmed Monday that Goldman Sachs will provide it with $1.75 billion in financing, confirming rumors that first surfaced Friday.

Goldman Sachs Earnings Beat Analyst Estimates

Goldman Sachs reported first-quarter results that beat analyst forecasts thanks to a pickup in stock and bond underwriting.

Bernanke Says Fed's 'Stress Tests' Show Much Healthier Banks

The Federal Reserve's annual "stress tests" of U.S. banks show an industry that has grown much healthier since the financial crisis, Chairman Ben Bernanke said Monday night.

Stocks of Ice and Fire: 'Game of Thrones' Investing Ideas

The futures of the Lannister, Stark, Baratheon and Targaryen clans are unknown. But if George R.R. Martin lets them live, what stocks might his characters buy for retirement?

Stocks Weaken After Manufacturing Growth Slows

Stocks were slipping on Wall Street Monday morning after an industry group reported that U.S. manufacturing growth cooled in March and was weaker than economists had forecast.

Bullishness from 2 Investment Banks; Lululemon Recall

Goldman Sachs expects the S&P index to hit 1625 this year, and Morgan Stanley (MS) raised its target to 1600. Both had been pretty bearish on the market. The S&P closed yesterday at 1552.

U.S. Stocks Close Lower, Ending Dow's 10-Day Rally

U.S. stocks fell Friday, ending the longest winning streak for the Dow Jones industrial average in nearly 17 years.

Fed Asks JPMorgan and Goldman for New Capital Plans

JPMorgan Chase and Goldman Sachs were told by the Federal Reserve to submit new capital plans by the end of September. The Fed will then decide if they are in compliance with the rules on capital reserves.

Is Goldman Sachs Riskier Than It Wants to Admit?

The Federal Reserve will release the final results of its bank stress tests after Thursday's market close. But preliminary results suggest Goldman could lose $25 billion from bad trades in another financial crisis, more than any other bank tested by the Fed.

Goldman Sachs Plans Another Round of Job Cuts

Goldman Sachs will begin a fresh round of job cuts as early as this week, sources said Monday. The bank usually culls the weakest 5 percent of its employees around this time of year, but the cuts will likely be deeper in some businesses, particularly equities-trading.

Without Taxpayer Aid, Too Big to Fail Banks Would Only Break Even

Today brings a new milestone in big banks' fall from grace: a Bloomberg editorial alleging that Wall Street's largest financial firms wouldn't be profitable without taxpayer backstops, and calling for an end to the perverse incentives the current arrangement produces.

Bond Market Crash: Is the 'Safe' Part of Your Portfolio in Trouble?

Just when you've finally gotten over the stock market crash, there's a new potential threat to your portfolio. Even worse, it's in an area that many people think of as being safer than stocks: the bond market.

Goldman Sachs, Morgan Stanley Pay $557 Million in Mortgage Case

The agreements announced Wednesday with the Federal Reserve were similar to deals struck earlier this month with 10 other major banks and mortgage lenders, relating to wrongful foreclosures. Combined, the 12 firms will pay more than $9 billion.

Market Minute: Boeing in Focus, Bristol-Myers Looks to Settle; JPMorgan, Goldman Report

U.S. stock index futures slipped on Wednesday with shares of Boeing set to weigh on the market after two Japanese airlines grounded their Dreamliner fleets. JPMorgan Chase & Co said fourth-quarter net income jumped 53 percent and earnings for 2012 set a record, while earnings at Goldman Sachs nearly tripled.

Midday Market Minute: Will the Bank Stock Rally Last?

Investors will hear from leaders in the banking industry this week, when Bank of America, Citigroup, JPMorgan, Goldman Sachs and Morgan Stanley report quarterly results. Bank stocks outperformed the broader market last year, but that trend may not last in 2013.

5 Things to Watch on Wall Street This Week

From eBay stepping up with its latest financials to Facebook showing off its latest clever ideas, there will be plenty of news breaking in the coming days. Here's a rundown of what's likely to shape the week ahead on Wall Street.

The Yankees Score Big with a $1.5 Billion TV Deal

The New York Yankees are a money-making machine and on Tuesday, the company's television subsidiary cashed in. The YES Network is selling 49 percent of its business in a deal that values the network at $3 billion. And the numbers get even bigger from there.

15 Corporate Heroes, Antiheroes, and Villains of Hurricane Sandy

Some companies won consumers' admiration over the past week -- others have lost both trust and dollars.

Ex-Goldman Exec Given 2 Years for Inside Trades

A former Goldman Sachs and Procter & Gamble board member once widely respected for his business smarts has been sentenced to 2 years in prison for insider trading. He also was fined $5 million.

Goldman Sachs's Great Muppet Caper Comes to an End, For Now

After Greg Smith quit Goldman Sachs in the most public fashion possible -- slamming his employer in the pages of The New York Times -- the firm launched an investigation into his most explosive charge: that employees referred to clients as "muppets" in internal emails.

Wall Street Watch Wednesday: Microsoft Sweetens the Pot for Investors

Microsoft wants to reward its patient shareholders: The world's largest software company announced Tuesday after the market close that it would be increasing its quarterly dividend by 15%. But as impressive as the dividends are, the market would gladly trade them for one thing.