Goldman Sachs posts an earnings beat as growth for its stock-trading business triples estimates

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David Solomon Goldman Sachs investor day 2023
Goldman Sachs CEO David Solomon.

Brendan McDermid/Reuters

Citi to cut about 20,000 jobs as it doubles down on its corporate overhaul

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CEO Jane Fraser says the company had a "very disappointing" Q4 in 2023.

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Morgan Stanley's James Gorman rates himself an A-minus CEO but says he doesn't want to be the boss anymore

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James Gorman
Morgan Stanley CEO James Gorman

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Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to 're-liquify,' Fundstrat's Tom Lee says

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Mortgage rates could fall as low as 4.75% next year, according to Fundstrat's head of research Tom Lee.

Brendan McDermid/Reuters

HENRYs are turning to a little-known and risky type of mortgage as home prices soar

Tech Insider : Economy, Economy
A FOR SALE sign is displayed outside a property on Madison Ave. in Toronto.
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as home prices stay high.

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A New York City finance CEO explains why his company and all of its staff relocated to Miami

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A New York-based finance CEO said "probably nothing" could convince him not to move to Miami in 2024.

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UBS sold a Credit Suisse private jet that was used by its ex-chair to fly to Wimbledon and the Euros, breaking COVID rules — and the Maldives for a family vacation

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Dassault's Falcon 7X jet is moved on the tarmac on June 12, 2015 three days before the opening of the International Paris Airshow at Le Bourget.
A Dassault Falcon 7X.

ERIC PIERMONT/AFP via Getty Images

Best Banks in America - Banks with the Best Benefits

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Our experts choose the best products and services to help make smart decisions with your money (here's how). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

The CEO of a hedge fund that averaged 70% returns over 2 decades doesn't regret sleeping 2,000 nights in his office: 'I really don't see how I could do it otherwise'

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Carlo Allegri/Reuters

How US banks can wiggle out of the $650 billion balance-sheet bomb hanging over them

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Nikolas Liepins/Anadolu Agency via Getty Images

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