The latest earnings may not reflect recent market volatility ushered in by the Trump administration’s sweeping tariffs.
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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.
Goldman Sachs’ $4.6 billion profit shows you can navigate tough times, as long as you have the brightest minds in finance at your disposal.
Punxsutawney Phil may see six more weeks of winter, but hedge funds aren’t waiting to emerge from their bearish slumber.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
The Budget Lab projects that, with the current tariff levels, US and Chinese economies would both be 0.6% smaller in the long run.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
The famed Wharton School economist points to sky high valuations and a possible sector rotation.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
Advisors are calling for an economic slowdown. The million-dollar question is how hard it will hit.
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.