David Solomon (centre), Chief Executive Officer of Goldman Sachs during an event attended by Prime Minister Rishi Sunak at the Business Roundtable during his visit to Washington DC in the US on June 8, 2023 in Washington, DC.Niall Carson | WPA Pool | Getty ImagesGoldman Sachs said Monday that...
Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here.Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched...
Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank customers didn't lose money in the firm's collapse.The sudden downfall of SVB in March forced the Federal Deposit Insurance Corp. to seize the...