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Goldman, which employs roughly 45,000 people globally, said compensation and benefits for its 40,000 staff rose by more than 17% to £3.3bn in total.

The rapid growth of China’s electric vehicle industry could result in less than 15 per cent of the current brands still being around by 2030.

Earnings in the second quarter were 2.5 times higher than what Goldman posted a year ago.

All of the proceeds from the event will be used for Burn Pits 360's mission of advocating for veterans who were harmed by toxic chemical exposure during their time in service.

The FTSE 100 closed down 69.95 points at 8182.96. Among the companies with reports and trading updates today are Burberry and Robert Walters.

After a foray into consumer banking flopped, Goldman has refocused on its traditional mainstays - investment banking and trading.

Get latest articles and stories on India at LatestLY. Budget carrier SpiceJet on Monday reported a six-fold jump in its standalone profit to Rs 119 crore in the January-March quarter of 2023-24 compared to Rs 16.85 crore in the…

Profit margin is a key financial indicator that helps determine how much profit you're making on each sale. Traditionally, many florists used a combination of a 2X markup on costs and a labor percentage to calculate their prices. ...

Bank approves 9% boost to quarterly dividend, to $3 per share starting in the third quarter.

Get latest articles and stories on Latest News at LatestLY. Jio Financial Services Ltd, the financial services arm of RIL, on Monday reported a 6 per cent decline in consolidated net profit to Rs 313 crore in the first quarter ended June…

Wall Street firm says it spent $4.2bn on compensation and benefits for its 45,300 staff in the three months to June

Shares in Burberry plunged Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.

Burberry’s stock sank on Monday after the luxury U.K. fashion group said its chief executive officer is being replaced following a profit warning and suspension of its 2025 dividend.

Get latest articles and stories on Latest News at LatestLY. HDFC Life on Monday reported 15 per cent increase in net profit at Rs 478 crore for the first quarter of current fiscal year.

Access Bank, sub-Saharan Africa’s largest bank by customer base, has shared insights into its ambitious plans to position its UK subsidiary, Access Bank UK, among the top 20 banks in the United Kingdom, targeting an annual profit of $1…

Goldman Sachs posted a massive 150% jump in its second quarter profits, helped by a general resurgence of dealmaking and underwriting that has revived investment banking after the slow down of the previous couple years

Goldman Sachs reported strong second-quarter results Monday demonstrating robustness across its trading, advisory and asset management businesses. The storied New York financial giant, which was under pressure for much of 2023 over an ill…

Switzerland watches manufacturing group, Swatch, saw its first half profits plunged by 70.5 per cent due to the luxury market crisis in China on Monday. It also warned the key market was likely to remain difficult throughout the rest of…