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Added on the 15/04/2019 16:57:17 - Copyright : Wochit
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.
The Dow Jones Industrial Average broke above 20,000 points at the New York Stock Exchange for the first time Wednesday morning, setting a new record on Wall Street. The second-oldest stock market index in the US nearly reached this landmark on two previous occasions before reaching the once evasive mark at the opening bell. At the trading day's closing bell, the index had set a record high of 20,068. The DJIA, also known as the Dow 30, measures the performance of the 30 largest publicly owned companies trading in the US. Apple, Goldman Sachs and ExxonMobil are among some of those companies.
Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data. Bobbi Rebell reports.
Wall Street rallied on Friday, lifted by a surge in Deutsche Bank shares and financial stocks after concerns eased about the health of the German bank. Stocks rose for the quarter. Bobbi Rebell reports.
Seoul, Mar 4 (EFE/EPA).- The benchmark South Korea Composite Stock Price Index (KOSPI) on Thursday fell 39.50 points, or 1.28 percent, to close at 3,043.49. (Camera: JEON HEON-KYUN).SHOT LIST: SOUTH KOREAN DEALERS WORK IN FRONT OF MONITORS AT THE HANA BANK IN SEOUL, SOUTH KOREA.