The investment bank reported only its second quarterly loss since going public in 1999. One factor is the volatility of stock markets, which is affecting experienced traders like Goldman as well as small investors.
Diane Swonk, chief economist with Mesirow Financial, explains what kind of information we really need to look for from big banks when they report their earnings.
Nicolas Sarkozy and Angela Merkel agreed over the weekend to craft a plan to bolster eurozone banks. They have until the end of the month, but many questions remain as to what exactly the plan will be.
Many people are gearing up to switch banks — to ones with little or no fees. We learn some tips on how to make that transition as smoothly as possible.