investment banking stocks

Inside Goldman's Earnings Miss

Goldman Sachs reported second quarter earnings of $1.09 billion, or $1.85 per share -- results that are below expectations. While still the most venerable Wall Street Bank, Goldman's quarterly earnings underline a key trait of the investment banking industry: Results can be exceedingly volatile.

Goldman Sachs Details Revenue in Bid to Deflect Criticism

Goldman Sachs Group (GS) will publish details on how it earns its revenue as it works to deflect criticism that it puts its own profits ahead of client interests. Goldman is releasing the 63-page report today, The Wall Street Journal said. The report will break down its revenue to show how much comes from its own trading and investing.