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The asset and wealth division helped drive the gains, posting its highest quarterly revenue in two years on a gain tied to the sale of a financial-management business. That helped counter fixed-income trading results and investment-banking fees that fell short of expectations.
January 16 -
The bank created a new unit that houses its Marcus online lending business and credit-card venture with Apple.
January 7 -
Consider for a moment what Jobs meant to financial services. When you realize that Apple never targeted a single product at the financial services sector, it is amazing just how influential Jobs and Apple have been in our little corner of the technology world.
October 2 -
Apple's massive user base, fully digital enrollment system, merchant reach and partnership with Goldman Sachs threaten retail banks on multiple fronts.
August 9 -
The question may not be if tech giants will become a force in wealth management — but what can possibly stop them?
March 27 -
The move, reported by The Wall Street Journal, could be part of a deeper foray into co-branded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.
February 21 -
The flood of new money may be evidence that investor angst is confined to the highest-flying tech segment and not the industry at large.
August 1 -
The fund’s portfolio management team began dumping exposure to the social media giant in light of the Cambridge Analytica scandal.
July 27 -
Buffett can put cash to better use than paying dividends. But the majority of CEOs lack his skill so investors and their advisors should be happy when corporate boards pay shareholder dividends.
May 16 -
To understand the challenge posed by big tech disruptors, wealth managers should look at how those firms unexpectedly adapt to enter new markets.
April 25