Banks – Page 94 – ReportWire

Goldman Sachs expected to cut 6.5% of employees

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hugh Son, CNBC’s banking reporter, joins ‘The Exchange’ to discuss ongoing Goldman...

Banking2 years ago

Goldman Sachs is cutting up to 3,200 employees this week as Wall Street girds for tough year

[ad_1] People enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs...

Business2 years ago

10 Places You Can Get a Loan In 2023

[ad_1] Opinions expressed by Entrepreneur contributors are their own. As I write this, commercial interest rates — the rate businesses pay for working capital, equipment and...

Banking2 years ago

These 6 Club stocks look reasonably priced as Wall Street shuns high flyers

[ad_1] We’re growing increasingly worried about some richly valued companies in our portfolio, including the likes of Nvidia (NVDA) and Microsoft (MSFT). Expensive stocks remain out...

Banking2 years ago

Deutsche Bank downgrades Bank of America, JPMorgan Chase as fundamentals weaken

[ad_1] Deutsche Bank is shifting its perspective on shares of Bank of America and JPMorgan Chase as macro uncertainties loom. Analyst Matt O’Connor downgraded shares of...

Banking2 years ago

Bank of America upgrades little-known bank stock it calls the best ‘pure play’ on Texas

[ad_1] Texas-based Cullen/Frost Bankers is one of the best “pure-play” stocks for investors looking to bet on growth in the Lonestar state, according to Bank of...

Banking2 years ago

Wells Fargo Securities’ Mike Mayo breaks down his huge bullish call on Bank of America

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Fast Money Mike Mayo, Wells Fargo Securities, joins CNBC’s “Fast Money” to...

Banking2 years ago

Wolfe Research downgrades Goldman Sachs, sees greater upside in other banks such as Wells Fargo

[ad_1] There’s “less compelling” upside for Goldman Sachs in 2023, according to Wolfe Research. Analyst Steven Chubak downgraded shares to peer perform from outperform, saying other...

Business2 years ago

Regulators warn U.S. banks on crypto risks including ‘fraud and scams’ after FTX collapse

[ad_1] Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade...

Banking2 years ago

Don’t assume the interest on your savings account is keeping up with Federal Reserve rate hikes. Here’s why

[ad_1] Valentinrussanov | E+ | Getty Images As the Federal Reserve continues to hike interest rates, you may assume you’re earning more on the money in...

Banking2 years ago

Barclays downgrades Ally Financial, says the bank is more vulnerable in 2023

[ad_1] The outlook for Ally Financial is more uncertain in 2023, according to Barclays. Analyst Jason Goldberg downgraded shares of Ally to equal weight from overweight,...

Banking2 years ago

Here are some key things to consider before tapping your retirement savings to pay off credit card debt

[ad_1] Malerapaso | Istock | Getty Images 1. Most people should avoid 401(k) withdrawals Withdrawals from 401(k) accounts before age 59½ are subject to a 10%...

Banking2 years ago

Watch CNBC’s full interview with RBC Capital Markets’ Gerard Cassidy

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell Gerard Cassidy, RBC Capital Markets, joins ‘Closing Bell’ to discuss...

Banking2 years ago

Expect layoffs across investment banking as they cut expenses, says RBC Capital’s Gerard Cassidy

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell Gerard Cassidy, RBC Capital Markets, joins ‘Closing Bell’ to discuss...

Banking2 years ago

Here are some smart moves borrowers should make while the fate of student loan forgiveness is still up in the air

[ad_1] Creatas | Creatas | Getty Images 1. Make the most of extra cash With headlines warning of a possible recession and layoffs picking up, experts...

Banking2 years ago

Goldman Sachs CEO says jobs cuts are coming next month

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Hugh Son joins CNBC’s ‘Squawk on the Street’ to report on...

Banking2 years ago

Fintech reckoning: Consolidation will happen in next 6-12 months

[ad_1] CNBC's Hugh Son reports on financial technology companies' prospects for the next year. [ad_2] Source link

Banking2 years ago

The tech IPO market collapsed in 2022, and next year doesn’t look much better

[ad_1] The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Following a record-smashing tech IPO year in 2021 that featured the debuts...

Banking2 years ago

The fintech reckoning is upon us. Here’s what to expect next year

[ad_1] Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, former PayPal CEO and veteran entrepreneur,...

Banking2 years ago

The credit scoring system has its downsides — here’s what a new credit scoring and reporting system could look like

[ad_1] In the U.S., credit scores can affect every aspect of someone’s life. This three-digit number can determine the interest rate you get on a mortgage,...