Bloomberg Goldman Sachs Group Inc.’s dealmakers endured job cuts and a tough bonus season. Then the penny pinchers turned to their beloved phones. In a push to cut costs and shift employees from BlackBerry devices to personal mobile phones, the firm is imposing a new policy around the world for reimbursing data and calling expenses, according to an internal ...

  Bloomberg Wells Fargo & Co. is facing a Justice Department probe that seeks to learn if executives hid details of a bogus account scandal from the board or regulators, according to Reuters. The investigation may lead to criminal charges for individual executives, the news service reported, citing people familiar with the matter who it didn’t identify. The Justice Department ...

  Bloomberg Credit Suisse Group AG’s need to backstop growth and its shrinking pile of unwanted assets complicate its ability to maintain the pace of capital improvement, Chief Financial Officer David Mathers said. The bank entered 2017 with a common equity Tier 1 ratio of 11.6 percent, up from 11.4 percent at the start of 2016 — this after a ...