Goldman Sachs, Morgan Stanley lower stress capital buffers after Fed’s correction

This post was originally published on this site(Reuters) – Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) on Friday revised lower two key measures of the banks’ ability to

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UBS’s Bob McCann to step down from chairman Americas role later this year

This post was originally published on this siteNEW YORK (Reuters) – UBS Group AG’s (UBSG.S) Chairman for the Americas Bob McCann will step down later this year after a nearly

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Goldman Sachs aims for 7% of staff to be black, 9% to be Latino by 2025

This post was originally published on this siteFILE PHOTO: FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York Stock Exchange, (NYSE) in

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Goldman Sachs CEO wants more diversity in bank leaders now

This post was originally published on this siteNEW YORK (Reuters) – Goldman Sachs Chief Executive Officer David Solomon said Wednesday there is “no excuse” why the bank’s

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Morgan Stanley posts record profit on trading boom

This post was originally published on this site(Reuters) – Morgan Stanley posted a record quarterly profit on Thursday that blew past analysts’ expectations, as another of Wall

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Goldman Sachs president says bank on track to meet growth goals

This post was originally published on this siteNEW YORK (Reuters) – Goldman Sachs Group Inc (GS.N) President and Chief Operating Officer John Waldron said Wednesday that the bank remains on

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UPDATE 1-JPMorgan says it has processed $17.8 bln under emergency aid program

This post was originally published on this site(Adds context, data). By Elizabeth Dilts Marshall and Michelle Price. NEW YORK, April 30 (Reuters) – JPMorgan Chase & Co said on Wednesday

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Exclusive: JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens

This post was originally published on this siteNEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N), the country’s largest lender by assets, is raising borrowing standards this week

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Morgan Stanley CEO James Gorman recovers from COVID-19

This post was originally published on this site(Reuters) – Morgan Stanley’s (MS.N) Chief Executive Officer James Gorman said he has fully recovered from the illness caused by the

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US banks to defend dividend payments in stress tests: FT

This post was originally published on this siteNEW YORK (Reuters) – U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal

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