Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump in deals activity. The company is expected to trim fewer than 250 jobs in the coming weeks, a person with knowledge of the New York-based ...Read More

  James Gorman said Friday he plans to resign as Morgan Stanley’s CEO within the year, setting off a succession race atop one of Wall Street’s dominant firms. The bank’s board has narrowed its CEO search to three “very strong” internal candidates, Gorman told shareholders at ...Read More

Jamie Fiore Higgins didn’t leave her job at Goldman Sachs planning to reveal the most personal, demeaning and, at times, outright scary moments from her 18 years at the investment bank. But after resigning in 2016, having risen through the ranks to become a managing director ...Read More

On Sept. 27 the Securities and Exchange Commission and the Commodity Futures Trading Commission collectively announced a combined $1.8 billion in fines against more than two dozen Wall Street firms for failing to maintain and preserve electronic communications. The charges stem from record-keeping failures and use of unapproved communication methods, ...Read More