Goldman Sachs

A second chance for rejected Apple Card applicants


Goldman Sachs, the card’s issuer, has rolled out a new program in which it will provide personalized advice to consumers with marred credit profiles in hopes of making them customers down the road.


Bankers look to Asia for glimpse of what U.S. recovery could look like


Top executives from Citigroup and Goldman Sachs offered warnings Wednesday about why the U.S. economy may be slow to bounce back from the coronavirus pandemic.


Bank stocks slump on Fed forecast; Quicken going public


Financials drop 8.2% on prediction of low rates through 2022 and dim economic outlook; the largest mortgage originator and a top challenger to traditional lenders has filed what may end up being the year's largest initial public offering.


Amazon, Goldman will offer small-business lines of credit


The venture with Goldman Sachs represents the first time Amazon has let a third party control the underwriting process of one of its financing offerings.


Goldman predicts bumpy recovery, says problem loans could rise in 2Q


The economic contraction caused by the coronavirus pandemic has been worse than the Wall Street firm had modeled two months ago, its president John Waldron said Wednesday.


Fed expands Main Street Lending Program; ECB unveils low-rate loans


More companies will be eligible to apply for the four-year loans, including those with high debt loads; four-year loans will be offered to European banks with rates as low as minus 1% as the eurozone economy tanks.


Big banks try to figure out logistics of 'back to work'


Inside Citigroup's headquarters in Manhattan, executives are trying to solve a problem bedeviling much of Wall Street: How to get employees up elevators.


PPP reload nearing; Treasury eyes blocking stimulus check garnishment


The administration and Congress are said to be close to adding $310 billion to the small business loan program; the department is looking at whether it can prevent banks from seizing government checks.


JPMorgan profits drop; Earnings may decide dividend payouts' fate


Bank’s earnings fall 69% in the first quarter; this week’s earnings reports could determine whether banks will need to suspend dividends.


Congress seeks more SBA funding; FHFA head rejects mortgage servicer fears


Lawmakers want to expand the two-day old small business loan program by another $250 billion; Calabria says nonbanks are exaggerating their financial woes as forbearance claims rise.