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Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million after tough year

Today News || David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos,…

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Goldman Sachs is set to report fourth-quarter earnings — here’s what the Street expects

Today News || David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman…

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JPMorgan Chase is set to report fourth-quarter earnings — here’s what the Street expects

Today News || Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing…

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JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts

Today News || Jamie Dimon said in June that he was preparing the bank for an economic “hurricane” caused by…

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Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

Today News || Wells Fargo is stepping back from the multi-trillion dollar market for U.S. mortgages amid regulatory pressure and…

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

Today News || Goldman Sachs is laying off fewer employees than feared, but the cut is still a deep one.…

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

Today News || Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains…

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

Today News || Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC…

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Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses

Today News || Wells Fargo agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau over customer abuses…

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Goldman Sachs is planning to cut up to 8% of its employees in January

Today News || David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman…

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