By Jonathan Stempel (Reuters) – Wells Fargo won the dismissal of a lawsuit accusing the fourth-largest U.S. bank of defrauding shareholders by touting its commitment to hiring diversity while it[...]
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August 21, 2023
Goldman Sachs weighs selling part of wealth business in broad strategy revamp
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs is weighing the sale of a part of its wealth business, it said on Monday, as it shifts its focus back to serving the ultra-rich and away from high-net-[...]
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Goldman Sachs sees room for investors to grow more bullish on US stocks
By David Randall NEW YORK (Reuters) – The sharp increase in investor equity allocations to U.S. stocks since the start of the year still has room to expand before breaching historical norms, sug[...]
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U.S. stocks may start to question economic resilience, says Morgan Stanley
(Reuters) – The S&P 500 will likely struggle to make more headway after rallying almost 14% so far this year as investors start to question the sustainability of the U.S. economy’s res[...]
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