Goldman Sachs has quit a sector coalition aimed at aligning bank lending and investment activities with global efforts to fight climate change.
A powerful rally in US stocks as well as cryptocurrencies has left the asset classes looking frothy, according to Bank of America Corp.
Vanguard announced that Karin Risi, one of its most senior executives, will retire at the end of 2024 after an impressive 27-year tenure.
Bank of America projects a strong 2025 for equities, forecasting the S&P 500 to reach 6,666 by year-end—a 10% rise from its current level of 6,049.