NEW YORK: Wall Street banks’ commodities trading exposures are rising, which could leave them vulnerable to large...

NEW YORK: Goldman Sachs Group Inc profit fell nearly 13% and missed expectations on Tuesday as a less volatile ...

NEW YORK: Goldman Sachs Group Inc is encouraging its eligible U.S. staff to work from home until Jan. 18, a company...

NEW YORK: Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite...

NEW YORK: US stock indexes rose on Wednesday after upbeat earnings reports from Goldman Sachs and JPMorgan boosted...

AMSTERDAM/LONDON: European shares hovered just below all-time highs on Tuesday, little changed by US inflation data...

• The STOXX 600 has also lagged a recovery in its U.S. counterpart due to a slow vaccination rollout and a new wave of coronavirus infections on the continent.

• If her appointment is approved by shareholders, Jessica Uhl will be the fifth woman director on Goldman's board and its only member to come from the fossil fuel industry.
• Shell, where Uhl has worked since 2004, recently vowed to eliminate net carbon emissions by 2050, as it prepares to expand its renewables and low-carbon business in the face of growing investor pressure on the oil and gas sector to battle climate change.

• A $1.5 billion bitcoin bet last month by Tesla Inc saw Elon Musk's electric car company join business software firm MicroStrategy Inc and Twitter boss Jack Dorsey's payments company Square Inc in swapping some traditional cash reserves for the digital coin.
• Amid rising customer demand to own and invest in bitcoin, Goldman Sachs Group Inc. said this week that it is exploring how to serve those clients while remaining on the right side of regulation.

• The bank's "One Million Black Women" initiative is a part of its commitment to impact the lives of at least one million Black women by 2030, the company said.
• Goldman will also set aside an additional $100 million over the next decade for philanthropic ventures focused on African-American women.

*Goldman's robo-adviser will allocate and rebalance customers' wealth based on models developed by the bank's investment-strategy group, which has traditionally catered to institutions and the ultra-rich. * Marcus Invest offers individual and joint investment accounts, as well as three types of individual retirement accounts, the bank said.

NEW YORK: Wall Street’s main indexes rose on Tuesday after upbeat earnings from big US banks and Halliburton, ...