GS Aug 2024 455.000 call
- Yahoo Finance Video
Presidential debate, Levi Strauss CFO: Catalysts
What's moving markets (^DJI, ^IXIC, ^GSPC) this morning? Are any companies making a splash today? In this episode of Catalysts, Seana Smith and Madison Mills guide investors through some the morning's prominent market trends, from May's pending home sales data to the hype around tonight's presidential debate. Levi Strauss & Co. (LEVI) CFO Harmit Singh joins the show to discuss what the denim apparel brand has planned to jumpstart its direct-to-consumer segments. Crossmark Global Investments Chief Market Strategist Victoria Fernandez weighs in on the latest jobless claims print and how the Federal Reserve should be approaching labor market data. Top trending stocks on the Yahoo Finance platform include Boeing (BA), Walgreens Boots Alliance (WBA), and Goldman Sachs (GS). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
What the Fed stress test showed about Goldman Sachs' capital
The Federal Reserve Board's annual bank stress test revealed that all of the large US banks under evaluation are "positioned to weather a severe recession and stay above minimum capital requirements," according to a press release from the Federal Reserve. JMP Securities Director of Financial Technology Research Devin Ryan gives insight into the Fed's stress test and what it ultimately means for Goldman Sachs' capital strength: "The pressure from kind of stressing the credit card portfolio was a little bit of a drag for them [Goldman Sachs]. And so I would point to that is kind of one component of it. Again, these are really small dynamics and we're much more focused on what this all implies for capital return. I think from a capital position, they're still in a very strong position, as we saw in the test last night, even these very severe scenarios... For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Bloomberg
Big Banks to Pay $46 Million to Settle Swaps Collusion Case
(Bloomberg) -- Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan to pay a combined $46 million to end a lengthy legal battle with pension plans that accused them of conspiring to block competitors in interest-rate swaps trading. Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup
