The deal values Bear Stearns at $236 million, or just $2 a share. Shares had closed at $30 on Friday, down 47 percent that day. "Effective immediately, JPMorgan Chase is guarantee ...

Goldman Sachs CEO David Solomon engineered a dramatic turnaround at the firm — but behind the rising profits reportedly lies a reign defined by fear.

Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.

What People Are Saying Tony Fratto, Goldman Sachs spokesperson, told Newsweek in a statement: "We're pleased to sponsor this and future presidential inaugural committees." ...

JPMorgan Chase has dropped almost all mentions of "diversity, equity, and inclusion" from its annual report, the latest example of how Wall Street is navigating increased scrutiny surrounding DEI ...

Goldman Sachs spokesperson Tony Fratto said in a statement. The Wall Street titan will continue to source diverse candidates for its clients' boards when requested, a spokesperson said.

Goldman Sachs has ended a ban on underwriting companies with all-White, all-male boards, becoming the latest corporate giant to scale back a DEI initiative.

"As a result of legal developments related to board diversity requirements, we ended our formal board diversity policy," Goldman Sachs spokesperson Tony Fratto said.

"As a result of legal developments related to board diversity requirements, we ended our formal board diversity policy," said Goldman spokesman Tony Fratto.

“As a result of legal developments related to board diversity requirements, we ended our formal board diversity policy,” said Tony Fratto, a company spokesperson, Bloomberg reported.

“As a result of legal developments related to board diversity requirements, we ended our formal board diversity policy,” Tony Fratto, a spokesperson for Goldman Sachs, said in a statement ...