GOLDMAN SACHS

The bank’s net income fell to $5.52 billion in the first quarter ended March 31, from $5.91 billion a year earlier.

This week’s settlement over mortgage-era misdeeds is supposed to penalize Goldman Sachs to the tune of $5.1 billion. The actual cost may be closer to $4 billion.

The settlement, which Goldman disclosed in January, stems from its conduct in the subprime mortgage crisis that led to the Great Recession.

Atlanta-based SecureWorks, which Dell bought in 2011, said its offering was expected to be priced from $15.50 to $17.50 per share, raising as much as $157.5 million.

Executive salaries were trimmed by 4 percent to 5 percent from the previous year due to “challenging financial markets,” the bank said Friday.

U.S. investigators are probing whether the investment bank misled bondholders when it sold securities issued by the Malaysian state-run fund.

The numbers now show Citigroup and Bank of America ahead of fifth-place Deutsche Bank.

As global investigations into the troubled Malaysian state-run fund widen, U.S. Department of Justice officials asked the banks for information.

Amid a sharp drop in iPhone sales growth, hedge funds are overweighting Apple’s equity and mutual funds are underweighting its stock.

Malaysia’s state-run fund 1MDB has been at the center of controversy since last July, when millions of dollars were allegedly traced to the personal accounts of the prime minister.

Wall Street CEOs, including Goldman Sachs' Lloyd Blankfein, expressed bewilderment at the scale of the 2008 financial crisis, newly released documents show.

For the first time this year, investors are putting money into mutual funds and exchange-traded funds rather than taking it out, data show.

The bank employed the daughter of the Malaysian prime minister’s former ally when it worked with the scandal-hit 1MDB, according to the Wall Street Journal.

Tim Leissner, who handled deals for the controversial Malaysian state-run investment fund 1MDB, resigned in February.

The activist hedge fund leading an investor revolt against Yahoo Inc.’s management team purportedly would like a majority on the company’s seven-member board.

Rubio and his wife made between $276,059 and $938,693 over the last five years.

In the topsy-turvy markets of late, stocks beloved by hedge funds have disappointed, while those shunned by hedge funds have outperformed.

Bernie Sanders indicates he would be willing to release the transcripts of his own paid Wall Street speech, but he can’t do it because he hasn’t delivered any.

Recent market volatility has driven panicked investors to buy gold. But rising precious metals prices could soon tarnish, the bank warns.

The Wall Street bank acknowledged that it sold toxic mortgage-backed securities to investors in the run-up to the 2008 subprime mortgage crisis.

A day after investors pummeled financials in the U.S. and Europe, shares in major banks saw an upswing in early trading Wednesday.