News Topic: Goldman Sachs

Wells, Fifth Third, others plan to raise pay after tax reform; Joseph Otting backs a federal banking charter for online lenders. ... Read full article

The Federal Reserve and Federal Deposit Insurance Corp. identified shortcomings with the living wills of Wells Fargo, Bank of America, Goldman Sachs and Morgan Stanley, even as they gave them and the remainder of the eight biggest banks a pass. ... Read full article

With Wall Street on board, investors look to spend coins on real estate or through bitcoin debit cards. ... Read full article

The Dodd-Frank Act included a provision to lock some of the biggest firms into enhanced supervision even if they wanted to exit. But that grasp may not be as strong as it used to be. ... Read full article

Jelena McWilliams, Fifth Third Bancorp’s chief legal officer, is the choice for FDIC chair; digital currencies pose too many risks. ... Read full article

Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients. ... Read full article

The British banking giant has been testing its new online lending platform with a handful of its U.S. customers and plans to roll it out in full force next year. It's all part of a broader effort to expand its U.S. consumer business beyond credit ... Read full article

Guidance focuses on five key traits, including overseeing risk profiles; a former Congressional aide says agency must be accountable. ... Read full article

A U.S. alcohol maker's $191 million investment in Canadian cannabis could raise difficult questions for the banks that have lent big sums of money to the company. ... Read full article

The firm outlined a plan in September to generate $5 billion in additional revenue over the next three years, with more than 40% of that coming from lending. ... Read full article

New York Fed chief cautions against taking “meat cleaver” to Dodd-Frank; Stephanie Cohen, one of the highest-ranking women at the bank, will try finding new sources of revenue. ... Read full article

Amid the rise of online lending earlier this decade, banks were derided as being too slow to adapt. But over time it's become clear that banks hold key advantages over lending startups. ... Read full article

GS Bank will take the name of Goldman's nascent consumer-lending business, Marcus. ... Read full article

Payments company reports double-digit increases in both profit and revenue; card company faces intense competition. ... Read full article

Quarterly earnings at big five banks could have been worse; Chase to buy WePay, which helps online marketplaces and crowdfunding websites process payments. ... Read full article

Martin Chavez reminded analysts Tuesday that while the Wall Street firm may be new consumer lending, the executives leading the unit are all veterans of the sector. ... Read full article

Less than a decade after the last major banking crisis, Goldman Sachs and JPMorgan Chase are offering investors a new way to bet on the next one. ... Read full article

Banks that find true innovation hard to accomplish can take heart — it’s no picnic for startups either. To hear both sides share their challenges is an argument for collaboration. ... Read full article