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Added on the 03/12/2019 13:00:00 - Copyright : EFE Inglés
Ukraine Foreign Minister Dmytro Kuleba says that him and his Russian counterpart Sergei Lavrov "did not make progress" on the issue of a ceasefire, as the two begin talks in Turkey in the first such high-level contact since Moscow invaded its neighbour. SOUNDBITE
JPMorgan's Jamie Dimon told CNBC he wouldn't touch US Treasurys with a "10-foot pole." Dimon says they're a poor investment right now. The yield on the 10-year US Treasury note was last at around only 0.9%. That comes despite having doubled in around four months. Business Insider reports that interest rates remain near record lows and investors prefer equities right now. Speaking at a virtual conference, Dimon said there may be a bubble in some parts of the stock market, but not all of it. He also expressed support for a second US stimulus package.
The president of the European Commission Ursula von der Leyen says there has been better progress in recent talks on a post-Brexit trade deal "after difficult weeks with very, very slow progress". SOUNDBITE
Getty Images Storied Wall Street bank Goldman Sachs has been going through some massive changes under CEO David Solomon. It's taken big steps involving transparency and inclusion to change up its culture. It has seen a slew of partner departures — many in the securities division. And it's making big pushes into businesses like wealth management and transaction banking. The bank announced third-quarter earnings on Wednesday that trounced Wall Street's estimates and showed continued strength through the coronavirus pandemic. The latest on people moves, deals, wealth management Goldman Sachs' Joe Duran is planning to hire dozens of advisors for the firm's wealth business, and says it's getting a boost from companies pushing early retirements and layoffs Goldman Sachs just shook up its divisions to create a new consumer and wealth-management arm that will be run by Stephanie Cohen and Tucker York Read the full memo Goldman Sachs just sent announcing a leadership shakeup in its powerhouse M&A group A majority of Goldman Sachs' summer interns prefer Instagram to TikTok, believe remote work hurts relationships, and think Biden will be elected president in November Goldman Sachs, JPMorgan, and Citi are Wall Street's most active fintech investors.
EU Brexit negotiator Michel Barnier deploreS a lack of progress in the latest round of post-Brexit trade talks, accusing Britain of stalling negotiations. Barnier says "The UK cannot refuse to extend the transition and, at the same time, slow down discussions on important areas." SOUNDBITE
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