Cerberus Capital Management is working with Goldman Sachs on the potential sale of its Groupe CCF French banking business, two people with knowledge of the matter told Reuters, with a process expected to formally start within weeks.
Goldman Sachs, Morgan Stanley and JPMorgan captured nearly 80% of top-five bank equity trading revenues so far this year, generating a combined $52 billion. Growth was driven by "insatiable" hedge fund borrowing for leveraged bets on AI hardware and Asian semiconductor supply chains.
The CEO's the U.S.'s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there's still no sign that investments need to slow down.
Uma Valeti, UPSIDE CEO, Among the Most Exceptional Entrepreneurs at 2026 Builders and Innovators Summit EMERYVILLE, Calif., Oct. 14, 2026 /PRNewswire/ -- Today, Goldman Sachs (NYSE:GS) is recognizing UPSIDE Foods CEO Uma Valeti, M.D.
The Treasury Department's Office of the Comptroller of the Currency found the nine largest national banks used reputation-risk policies that could let political and social considerations shape banking decisions. The review examined nearly 100,000 complaints and about 420,000 pages of documents.
Influential investor Jim Cramer is sticking with Goldman Sachs (GS) and Wells Fargo (WFC) after their Q3 earnings prompted contrasting reactions on Wall Street. In the most recent Investing Club morning meeting, he identified GS as his “favourite bank stock”, and maintained that WFC remains worth buying despite its mixed quarterly earnings.
NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Today, Goldman Sachs (NYSE:GS) is recognizing Gil Mandelzis as one of the Most Exceptional Entrepreneurs of 2026 at its Builders and Innovators Summit in Healdsburg, California.
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