Goldman Sachs partner warns of 'huge danger' in letting AI replace bankers' reasoning skills
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE)...
Banks
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Charles Scharf, chief executive officer of Wells Fargo & Co., and Jane Fraser, chief executive officer of Citigroup Inc.Caroline Brehman...
Trump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency
Matt Zames, then-chief operating officer of JPMorgan Chase, center, in New York, Feb. 27, 2017.Kholood Eid | Bloomberg | Getty...
Credit card issuer Synchrony announces partnership with OpenAI
In this photo illustration, the stock market information of Synchrony Financial displayed on a smartphone while the logo of Synchrony...
Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping
Avishek Das | Lightrocket | Getty ImagesSynchrony Financial, the credit card issuer for brands including Amazon, Walmart and Lowe's, is...
Secret outperformer: Dispelling the 'myths' about an unloved stock market
European equities have historically struggled to ignite the kind of investor enthusiasm enjoyed by U.S. stocks and certain fast-growing Asian...
Goldman’s latest cash cow is all about funding the AI infrastructure boom
Wall Street's largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a...
Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on
A woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24, 2026....
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea,...
Why JPMorgan is investing big in the 2028 LA Olympics
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania,...
Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company's "Japan AI Ecosystem"...
Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’
Nvidia is attempting to turn its artificial intelligence chips into Wall Street's newest asset class, partnering with six large asset...
Next big push in ETF industry? Why these risk assets are gaining traction as interest rate uncertainty persists
Collateralized loan obligations may become the next big push in the exchange-traded fund industry.VettaFi's Todd Rosenbluth suggests there's investor demand...
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Leopold Aschenbrenner (L) and Bank of America CEO Brian Moynihan.Photo: Josh Edelson (L) | Oscar Molina (R)Bank of America CEO...
HSBC pretax profit beats estimates, boosted by higher net interest income and fees
HSBC reported second-quarter pre-tax profit of $10.1 billion on Tuesday, exceeding analysts' estimates on the back of stronger growth in...
Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
Nikolas Kokovlis | Nurphoto | Getty ImagesVisa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion...
Capital One says it closed Trump Organization's accounts after anti-money laundering probe
In this photo illustration, the Trump Organization logo is seen displayed on a smartphone screen.Sopa Images | Lightrocket | Getty...
Goldman traders are on pace for a record year. A close-up look at how they're doing it
Goldman Sachs ' dealmaking prowess may grab all the glory, but the biggest driver of growth last quarter came from...
Investors may want to focus on front end of yield curve — as Street anticipates next Fed meetings
Bond market investors may want to shift their focus toward the front of the yield curve, according to Allspring Global...
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024.Smith Collection/ gado | Archive Photos...
