Tag Archives: Goldman Sachs

REUTERS / Danny Moloshok Bank stocks fell on Friday after the Federal Reserve capped dividends and banned stock buybacks until at least the end of the third quarter. Goldman Sachs and Wells Fargo fell more than 5%, while Bank of America, JPMorgan and Citibank fell between 3.9% and 4.4%. The …

Reuters / Shannon Stapleton The U.S. economy is still on track for a V-shaped recovery until at least 2020, Goldman Sachs CEO David Solomon said Wednesday. The nation is “somewhere in the middle” of its rebound and reopens are slated to dramatically boost economic activity, it said during the Bloomberg …