GS Stock Recent News

Morgan Stanley shares were falling Wednesday after a downgrade from Buy to Neutral by a Goldman Sachs analyst.

RBC's Gerard Cassidy discusses the health of the banking sector, following warnings from Goldman Sachs and JPMorgan this week about weakness in some parts of their businesses.

Goldman Sachs has appointed Raghav Maliah, Yoshihiko Yano and Ed Wittig as co-heads of mergers and acquisitions in Asia Pacific to expand and deepen deals coverage in the region, according to an internal memo on Tuesday seen by Reuters.

Wall Street is confident that the Federal Reserve will initiate an interest rate cut at its September meeting, but many are split on the exact amount of the cut. Yahoo Finance Executive Editor Brian Sozzi sits down with Goldman Sachs chief economist Jan Hatzius at the Goldman Sachs Communicopia and Tech Conference to discuss the state of the economy and the Fed's next moves.

Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending space, a departure that a Tuesday (Sept.

GS' third-quarter trading revenues are likely to decline 10% due to a sluggish macro environment.

The price of a share in the bank fell by just over $19 the day after its chief executive spoke to an investor conference in New York.

JPMorgan stock also falls on drop in activity in the current quarter, mostly due to weak bond trading.

CNBC's Joe Kernen reports on news from Nvidia.

Solomon blamed the decline on a challenging macroeconomic backdrop, especially during August.