Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress head to the White House.

Another three megabanks are due to report second-quarter earnings on Wednesday, shedding light on the health of dealmaking, sales and trading, and consumer activity. Bank of America, Morgan Stanley, and Goldman Sachs—the second-,

Goldman Sachs, Bank of America, and Morgan Stanley just dropped their Q2 earnings numbers, and let’s be honest, Wall Street analysts got smoked. All three

ViacomCBS investors are seeking final court approval for a $120M settlement with Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Wells Fargo (NYSE:WFC), accusing the Wall Street banks of failing to disclose conflicts of interest to Archegos Capital Management and a 2021 Viacom stock sale.

ViacomCBS Inc. investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo & Co. for dumping the media company’s shares amid the collapse of Archegos Capital Management asked a judge for final approval of a $120 million settlement with the banks.

Morgan Stanley reported Q2 EPS of $2.13, topping estimates, but shares fell as investment banking lagged and expectations ran high.

Morgan Stanley , Goldman Sachs and Wells Fargo will pay a total of $120 million to settle a lawsuit claiming they hid conflicts of interest while sales of ViacomCBS shares helped fuel the collapse of Bill Hwang's Archegos Capital Management.

Goldman Sachs is arguably more risk-tolerant, whereas Morgan Stanley offers a more balanced approach with greater emphasis on wealth management to a wider clientele.