David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022.Michael Nagle | Bloomberg | Getty ImagesGoldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday.Here's what Wall Street expects:Earnings: $5.31 a share, according...
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023.Nathan Howard | Bloomberg | Getty ImagesJPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Friday.Here's what Wall Street expects,...
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | ReutersAmerican banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking...
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty ImagesGoldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky...
A customer enters Comerica Inc. Bank headquarters in Dallas, Texas.Cooper Neill | Bloomberg | Getty ImagesThe stock sell-off that hit regional banks this year has exposed lenders including Zions and Comerica to the risk of being delisted from the Standard & Poor's 500 index.The banks, each with market capitalizations...
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010.Daniel Acker | Bloomberg | Getty ImagesInvestors have piled into short-term U.S. government bonds in a bid to wait out the upheaval caused by a...
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023.SAUL LOEB | GettyViolent moves in the bond market this week have hammered investors and renewed fears of a recession, as...
Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser.The third-largest U.S. bank by assets has been monitoring its credit card customers for signs of distress, Fraser told CNBC's Sara Eisen on Friday in an interview."We are...
Shannon Stapleton | ReutersMorgan Stanley has officially kicked off the generative AI era on Wall Street.The bank plans to announce Monday that the assistant it created with OpenAI's latest generative AI software is "fully live" for all financial advisors and their support staff, according to a memo obtained by...
Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses.Courtesy: Kelly Boynton | GustoJPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has learned.The bank has picked San Francisco-based fintech...