All Posts Tagged With: "Goldman Sachs"
FINRA Fines Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan Chase (NYSE: JPM) and Others Over Muni Pay to Play
The Financial Regulatory Authority (FINRA) has fined some of the nations largest banks over municipal bond lobbying costs. The fines are applied to Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM), and others connected to state and local bonds and lobbying connected to them. In total, the five firms fined [...]
As Citigroup (NYSE: C) continues to reinvent itself, growing in the investment banking arena is one of their targeted growth areas. While the firm has suffered a brain drain in recent years, with execs departing for often smaller, more investment banking centric organizations, they have now added to their stable of seasoned veterans by poaching [...]
Wells Fargo (NYSE: WFC) shareholders can now breath a sigh of relief, as news comes down that the Securities and Exchange Commission (SEC) has closed its investigation into mortgage securities offerings by the bank and will not recommend an enforcement action. The San Francisco-based bank said in a filing it was notified of the end [...]
Citigroup (NYSE: C) and Goldman Sachs (NYSE: GS) are reportedly closing some of their New York offices ahead of Hurricane Sandy, set to come on shore in the next 24 hours. The banks have offices in some of the riskiest areas of the city, so will need to leverage alternate plans to maintain normal business operations. [...]
Hurricane Sandy continues to wreak havoc across the east coast, and even though it isn’t even raining yet in New York, many businesses have made the right decision to be proactive and close for tomorrow. With expected wind gusts reaching a hundred miles per hour, and potentially significant rainfall for thirty six hours, keeping people [...]
Issues continue to surround the Facebook IPO listed earlier this year. In the immediate aftermath of one of the most hyped IPO’s of all time, investors were left frustrated and angry, seeing the stock price fall and then hearing rumors of institutional investors getting word in advance of falling forecasts. Litigation has begun to emerge, [...]