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Goldman pay plunges
Get out your hanky. Goldman Sachs bankers are making less money.The investment bank's average paycheck is running 30% behind year-ago levels, thanks t...
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Morgan Stanley profit plunges
Morgan Stanley is the latest bank to enter the trading twilight zone.Third-quarter profits fell 67% from a year ago, Morgan Stanley (MS) said Wednesda...
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Will bonus backlash pay for investors?
By Colin BarrThanks to the outcry against Wall Street pay, bank shareholders are in line for a little bonus of their own.Assailed for their profligate...
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SEC slaps Goldman with huge fine
Goldman (GS) will pay $300 million in fines and $250 million in restitution to investors harmed by its misconduct in the 2007 subprime debt deal, the ...
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Goldman bonus pool shrinks
Wall Street's most gilded firm reported a big drop in second-quarter earnings Tuesday. The trading frenzy that fueled Goldman's profit rebound last ye...
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Volcker whacks Goldman Sachs
By Colin BarrA proposed trading crackdown backed by former Federal Reserve chief Paul Volcker overshadowed Goldman Sachs' biggest-ever profit Thursday...
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Goldman's not going anywhere
By Colin BarrDoes anyone really believe a little populist outcry will make Goldman Sachs crawl under a rock?The New York investment firm has come unde...
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'TARP babies' struggle to pay back government
Banks trying to return bailout funds find doing so isn't quite as quick and easy as they might have hoped, due to problems on how to handle warrants.B...
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Why Scotland is grousing about Goldman
As part of its $550 million pact with the Securities and Exchange Commission, Goldman (GS) agreed to pay $250 million to two investors that took big l...
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Buffett backs Goldman Sachs
Warren Buffett offered his strongest defense yet of Goldman Sachs, saying he doesn't believe the investment bank acted improperly in a sale of subprim...
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