![Investment banks in for a shocker](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Investment banks in for a shocker
Goldman Sachs Group, whose shares have fallen 43 per cent this year, may report its lowest quarterly profit since the 2008 financial crisis.
Goldman Sachs Group, whose shares have fallen 43 per cent this year, may report its lowest quarterly profit since the 2008 financial crisis.
Commonwealth Bank has been rated the worst of Australia's major home lenders, while the industry's smaller players remain the people's favourites.
The Commerce Minister wants a crackdown on NZ registered companies implicated overseas in smuggling, money laundering and tax fraud.
Normalising profits to bury the bottom line shouldn't be the norm.