Goldman warns of lost decade for US stocks
Dominated by handful of megacap tech stocks, index has enjoyed annual returns of 13% over the last decade
Dominated by handful of megacap tech stocks, index has enjoyed annual returns of 13% over the last decade
‘Leadership is a lot less fulfilling and a lot less fun when you’re doing it remotely’
For China to become a portfolio investment, more of its economic growth must start accruing to equity investors
Strategic Value Partners set to take control of nation’s biggest shopping centre
The tentacles of shadow banking extend into the Irish economy in many ways yet we remain complacent
Wall Street giant posts earnings of €2.8bn
Seen & Heard: Solar 21 delays; the race for Blanchardstown Centre; Paddy McKillen jnr’s Mount Merrion scheme; Ireland’s visual effects boom
Continent’s top firms drove most of European equity gains last year
Top stocks are still moving in different directions
Those with the chops to make it to senior management in banking may not want to sit around and wait their turn
Almost all important indices are weighted by market capitalisation, but the Dow is a price-weighted index
Goldman Sachs set to take financial hit on sale of 1.2 million square feet Blanchardstown Centre
Shares slide as lender takes several charges in ‘messy’ final quarter of 2023
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Remuneration of $31m comes after boss pared back bank’s lossmaking push into retail banking
Regulator has promised to clamp down on what it describes as market manipulation and ‘malicious short-selling’
Ireland’s ‘juggernaut’ influencer sector has become ‘a hugely valuable industry’
Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year
Lower pay in the trading business was blamed for a number of high-profile departures last year
Bank offloads €175m loan to UK fund for 83c in the euro
Chief executive intends to dispose of 1m shares through equity trading plans next year
Wall Street’s fear index is showing little sign of overt concern about events in Middle East and Ukraine
Lender suffers eighth straight quarter of falling earnings but records first rise in investment banking revenue for 2 years
CEO’s hobby has drawn media attention and scrutiny from Wall Street group’s board of directors
Announcement comes following the death of previous chairman Gary Kennedy earlier this year
Martin Wall: Joe Biden has warned of threats to food safety, cancer research and children’s programmes if Congress is not able to pass the country’s budget by next week
IPO could value German sandal-maker at more than $8bn
David Solomon dismisses ‘caricature’ painted of him
The culture at the Wall Street bank’s London office is set to come under scrutiny
Deals tapped private equity ‘partnership fund’ that the bank set up with sovereign wealth fund China Investment Corporation
Business Today: the best news, analysis and comment from The Irish Times business desk
Question was posed recently in a headline of a New York Magazine piece
Deal is part of a wave of unprecedented consolidation within the wider sector
David Solomon under pressure amid partner exodus and stalled share price
Moody’s cuts credit ratings of 10 small to midsized US banks, while Bank of Ireland, AIB and PTSB suffer losses
Some insiders fear it could take years to replace top-tier bankers
Wall Street giant’s return on equity was worst among top US banks
Latest share sale will reduce the Government’s holding to 46.9%
This debut novel follows an enemies-to-lovers storyline with a very modern and joyful flavour
Experts sceptical about large-scale shopping centre sales but appetite for regional hubs remains
Company’s Dublin business has been authorised by the Central Bank since 2011
Wall Street investment giant appoints Eastdil Secured and CBRE to find buyer for 1.2 million square feet Dublin retail scheme
Trial would have looked at culture of storied bank
Shareholders hear criticism of US bank executives and vote against climate and ESG motions
FTSE 100 falls after another surprisingly strong UK inflation reading
Euronext Dublin outperforms European peers as a number of its heavy hitters drag it up almost 1.5%
First-quarter net income beats analysts’ estimates but drops 18% year on year
Insider Nishi Somaiya appointed to the role
Irish airline group will use cash to fund Boeing freighter conversion
Critics claim the technology carries alarming risks and needs better governance
Goldman Sachs, JPMorgan Chase and Fidelity benefit from big inflows amid turmoil in financial sector
Employers such as Goldman Sachs, Meta and Ford need to avoid lasting damage to morale as they axe jobs
Collison-led payments company is raising funds in part to pay a tax bill
Group manages up to 100,000 mortgages on behalf of investment funds
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices