Goldman CEO claims asset management is the new expansion motor, will find out from bungled buyer energy

Essential Details

Goldman Sachs CEO David Solomon said asset management and wealth management would be the growth motor for the lender immediately after his efforts in purchaser banking went awry.
He also acknowledged that the agency failed to “execute very well” on elements of his customer thrust, but included that administration would replicate and study from the episode.
Goldman was scheduled to hold its next-ever investor day later Tuesday.

Supply

Finance

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

January 13, 2026

Key Points JPMorgan Chase reports fourth-quarter earnings before the market open Tuesday. Wall Street expects earnings of $5 a share and revenue of $46.2 billion, according to LSEG. JPM executives will host a call with analysts at 8:30 a.m. ET. Source

Finance

Trump targets credit card rates. What’s at stake for Capital One and other banks

January 12, 2026

Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump’s call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday […]

Finance

Stocks making the biggest moves midday: Citigroup, Abercrombie, Vistra, Duolingo and more

January 12, 2026

Check out some of the companies making the biggest moves in midday trading. Bank stocks — The group fell broadly after President Donald Trump called for credit card rates to be capped at 10% for one year . Capital One slid 6%, Synchrony Financial tumbled 8% and Citigroup dropped 3%. Bank of America , Wells […]