Banco Popular de Puerto Rico

The record pay package for the Goldman CEO comes after a year of soaring profits for the firm's investment bank.

The inquiry into the now-defunct Credit Suisse's former dealigns with Nazis comes as UBS pushes to build its U.S. wealth business working with wealthy clients.

The raise comes following a year when the firm earned $57 billion in net income, approaching a record set in 2024. 

Goldman Sachs shattered expectations with a record $4.31 billion in fourth-quarter equities trading revenue, topping its own Wall Street high set just months earlier.

Roughly 100 employees — mostly in management — are expected to move to the wealth management unit's new headquarters in booming South Florida.

Total net new assets for the quarter totaled $158.2 billion, more than the $144 billion projected.

Virtually every major firm on Wall Street has joined the push into private markets, with many trying to get in early on the biggest "next big thing" to hit financial services since the exchange-traded fund.

Wealth management and tax planning stocks tumbled after Altruist launched an AI tool for tax strategies, stoking investor fears of disruption and fee compression.

Darryl Cohen faces a maximum of 20 years in prison for fraudulently persuading professional atheletes to buy insurance policies at massive markups.

The world's third-largest asset manager reported a record year, with assets in its funds rising by more than $1 trillion.