Goldman Sachs Earnings Are Due Today. What They Mean for the Stock.

A shift away from retail could have a large impact on results. 


 
Thrivent Hatches $400 Million Collateralized Fund Obligation 
 
 
City brokers Panmure Gordon and Liberum to merge

Tie up creates 'a new force in UK investment banking' 


 
China Central Bank Keeps Key Policy Rates Unchanged

China's central bank on Monday kept its key policy rates unchanged in an unexpected hold. 


 
Goldman Sachs Goes Big on Lending to the Wealthy

The Wall Street giant, having given up on Main Street consumers, now wants to increase loans to hedge funds, private equity and the ultrarich. 


 
The Last Man Standing in Crypto

Brian Armstrong has continued expanding Coinbase Global despite the industry slowdown and a long string of unprofitable quarters. 


 
Financial Services Roundup: Market Talk

Intact Financial, Netwealth and more in the latest Market Talks covering Financial Services. 


 
Citigroup Plans to Cut 20,000 Jobs

The reductions will amount to about 10% of the bank's workforce, excluding a Mexico business, marking the next phase of its most dramatic restructuring plan in decades. 


 
Americans' Finances Defied the Skeptics, Bank Earnings Show

JPMorgan, Bank of America, Wells Fargo and Citigroup together earned $104 billion in 2023, up 11% from a year earlier. 


 
BlackRock to Buy Infrastructure Firm for $12.5 Billion

The acquisition of Global Infrastructure Partners, a private-equity firm focused on infrastructure, would be BlackRock's largest in 15 years.


(END) Dow Jones Newswires

01-16-24 0715ET