The platform’s business includes two trusts that house $5 billion worth of ETFs.
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American firms like Goldman Sachs and JPMorgan have clawed their way back to the top of the global equity underwriting rankings.
As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.
The new products will help RIA firms tailor investments to the needs of their advisors and end clients.
After 10 months of slower-than-anticipated deal flow, bankers are expecting less-than-stellar year-end holiday bonuses.
Goldman Sachs is launching a sort of geopolitics-slash-technology research arm to advise clients who get anxious when they turn the news on.
On Monday, Chevron said it would acquire energy player Hess for $53 billion. It’s the latest megadeal in a wildly active industry this month.
The biggest factor behind the slip in first-quarter GDP was Trump’s will-he-or-won’t-he, start-and-stop trade war.
Goldman Sachs launched its ETF accelerator platform, intended to help smaller third-party funds enter the $10 trillion market.
Wall Street’s Top Banks Fined – CFTC ordered Goldman to pay $30 million, JP Morgan $15 million, and Bank of America $8 million.
Goldman may be moving slower on AI than it’s counterparts.
The latest earnings may not reflect recent market volatility ushered in by the Trump administration’s sweeping tariffs.
Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.
According to Dealogic, just 1,603 deals have been signed this year through Friday, down 19% year-over-year.
Ellevest plans to focus on its private wealth management and financial planning business lines going forward.