U.S. bank stocks were taking a heavy hit in Friday trading following the sharp pullback in European financial equities, dragged down by the sell-off in Deutsche Bank (NYSE: DB).
Just as sanity was returning in the banking space amid governments’ handholding, the turmoil in the credit default swaps of German banking giant Deutsche Bank AG (NYSE: DB) has reignited cont
In a report published Wednesday, Goldman Sachs (NYSE: GS) commodities analysts Sabine Schels and Jeffrey Currie boosted their gold price prediction to $2,050/oz for the next year, citing high "fear" and growing recession risks.
Bank of America (NYSE: BAC) and Goldman Sachs (NYSE: GS) economists believe the Fed will reach the end of its rate-hiking cycle in the coming months, as stricter lending standards by commercial banks will diminish pressure for