Goldman Sachs, JPMorgan unwinding Russia businesses
By Matt Scuffham, Sinead Cruise and Niket Nishant NEW YORK/LONDON (Reuters) - Goldman Sachs Group Inc and JPMorgan Chase & Co on Thursday announced
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By Matt Scuffham, Sinead Cruise and Niket Nishant NEW YORK/LONDON (Reuters) - Goldman Sachs Group Inc and JPMorgan Chase & Co on Thursday announced
NEW YORK, March 11— Goldman Sachs Group Inc and JPMorgan Chase & Co on Thursday announced they were unwinding their Russian businesses, becoming the first major US banks to exit following Russia’s invasion of Ukraine and putting pressure on rivals to follow. Operating in Russia has become...
Top executives at the biggest U.S. banks have been optimistic about the nation’s economic outlook this earnings season, pointing to healthy consumers who have cash in the bank, are again eager to spend and also to borrow. Consumer spending, a key driver of the U.S. economy, fell sharply during the start of the pandemic as ...
NEW YORK, Jan 19 ― Shares in Goldman Sachs Group fell as much as 8 per cent yesterday after Wall Street's premier investment bank missed quarterly profit expectations, hampered by weaker trading revenues and rising expenses. The share decline put Goldman on course for its worst single-day showing...
WASHINGTON (Reuters) - While big U.S. bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick in some lending businesses and a jump in consumer spending,