This article is part of a series of special reports appearing in the March 21, 2022, edition of InvestmentNews. Unmonitored messaging apps are cropping up quickly at wealth management firms as advisers return to office life and reshape how they interact ...

The Great Resignation is turning into a great myth for one Wall Street bank. Morgan Stanley chief James Gorman says the firm has seen relatively few departures in the wake of the pandemic, and certainly nothing like the trend that’s ...

Not since the late 2000s, when lavish bonuses rained down before and after federal bailouts, have pay packages at U.S. investment banks swelled as much as they have right now. Goldman Sachs Group Inc. just finished spending an average of ...

After a selloff that put global stocks on course for their worst month since the start of the pandemic, strategists from Goldman Sachs Group Inc. to Citigroup Inc. say it’s now time to buy. “Any further significant weakness at the ...

Goldman Sachs Group Inc. announced record revenues in its wealth management segment Tuesday, but still fell well short of overall estimates for the quarter. Companywide revenue jumped 8% from a year earlier, to $12.64 billion, in large part due to ...

Goldman Sachs Group Inc., one of Wall Street’s fiercest champions of returning its staff to offices, is asking U.S. employees to work from home if they can until Jan. 18 as Covid-19 surges nationwide. Goldman’s reversal comes after most of ...

Goldman Sachs Group Inc. added new employee benefits, including higher retirement contributions, as part of a package of changes aimed at addressing worker burnout. “We’re focused on delivering energy optimization, resilience and mental-health programs that support our people in caring ...

High valuations won’t be a barrier to increased stock allocations next year due to a lack of alternatives and big cash piles, according to Goldman Sachs Group Inc. Record allocations by households, foreign investors, mutual and pension funds are set ...

Goldman Sachs Group Inc. posted a surprise jump in its trading business, rounding out a stellar quarter for Wall Street’s biggest banks.  The firm’s trading operation posted a 23% increase in revenue, defying analysts’ expectations that the business would struggle ...

Goldman Sachs Group Inc. economists cut their forecasts for U.S. growth this year and next, blaming a delayed recovery in consumer spending.   Goldman’s team, led by Jan Hatzius, said in a report on Sunday that they now expect growth of ...