Bloomberg Business

Goldman Flags 25% Drop in Trading Revenue as Job Cuts Loom

Goldman Sachs Group Inc. is warning investors of a sharp slowdown in its investment bank from the bumper gains a year ago, as the bank hunkers down in the face of an “extraordinarily challenging” economic backdrop.

Dimon Testified JPMorgan Epstein Ties Decided by Erdoes, Cutler

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon testified that then-private banking head Mary Erdoes and then-general counsel Stephen Cutler could have decided to drop Jeffrey Epstein as a bank client after accounts of his sex-trafficking emerged.

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