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Wall Street bank names new co-heads of a business that brought in more than $6 billion in revenues last year

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Goldman Sachs has promoted one of Wall Street's best-known rainmakers to help run its global investment banking business.

Gregg Lemkau was today named along with Marc Nachmann to join John Waldron as co-heads of a business that brought in more than $6 billion for Goldman Sachs last year.

Meet the dealmakers promoted to run Goldman’s investment bank

Portia Crowe

Goldman Sachs

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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CME Group’s second-quarter earnings and revenue rose sharply as the derivatives-exchange operator benefited from a surge in trading activity due to market volatility.

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U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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The lender reported a sharp decline in net profit due to a one-off hit related to the sale of its Brazilian subsidiary and an increase in loan loss allowances.

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Julius Baer’s Net Profit Falls on Higher Loan Provisions, Brazil Unit Sale

The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by year-end.

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Consumers are spending again after the spring’s tariff chill. But some expect growth to be slow.

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The European Union still wants a deal, but with U.S. demands growing, the bloc is getting ready to push back.

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