Founded in 1869, Goldman Sachs is the world's second-largest investment bank by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue.
The merger between Capital One and Discover Financial put a dent in bank profits. Second-quarter data released Tuesday (Aug. 26) by the Federal Deposit Insurance Corp. showed $66.9 billion in profits for the banking sector, down 1% from the previous quarter.
The completed merger between Capital One and Discover Financial weighed down bank profits in the second quarter, as the sector reported $69.9 billion in profits, down 1% from the quarter prior.
As tech stocks float at historic highs, it's a good time to look elsewhere for growth. A Citi screen turned up eight names that are mostly outside the tech sector.
Prestigious International Annual Awards Program Recognizes Standout Marketing, Advertising and Sales Technology Around the World Prestigious International Annual Awards Program Recognizes Standout Marketing, Advertising and Sales Technology Around the World
New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud. James alleged that the company knew about ongoing fraud between 2017 and 2023 and did not take actionable steps to resolve it.
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