Goldman Sachs plans to drop DEI from board-candidate criteria, WSJ reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Goldman Sachs logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Goldman Sachs Group Inc]Follow[Citigroup Inc]Follow[Morgan Stanley]FollowFeb 16 (Reuters) - Goldman Sachs [(GS.N), opens new tab] is preparing to eliminat ...

Citigroup CEO Jane Fraser's pay rises to $42 million after banner year | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023. REUTERS/Mike Blake/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Citigroup Inc]Follow[Goldman Sachs Group Inc]Follow[Morgan Stanley]FollowFeb 12 (Reuters) - Citigroup [(C. ...

Company Overview - Ethos Technologies Inc. is an insurance platform based in San Francisco, aiming to raise approximately $211 million in an initial public offering (IPO) [1] - The company allows users to find and sign up for life insurance policies without a medical exam in just 10 minutes [3] IPO Details - Ethos plans to market 10.5 million shares priced between $18 to $20 each, with the IPO expected to price on January 28 [1][2] - At the top of the pricing range, Ethos would achieve a market value of $1.3 billion based on outstanding shares [2] Financial Performance - For the nine months ending September 30, Ethos reported a net income of $46.6 million on revenue of $277.5 million, compared to a net income of $39.3 million on revenue of $188.4 million in the same period the previous year [4] Shareholder Structure - Sequoia Capital holds 36% of the voting power, followed by Accel with 21%, and co-founders Peter Colis and Lingke Wang with 20% and 19% respectively [4] - Google Ventures controls 22% of the class A shares, while SoftBank holds 12% [4] Market Context - Ethos is following several US-based insurance-sector companies that have gone public recently, including Neptune Insurance Holdings Inc., Slide Insurance Holdings Inc., and Aspen Insurance Holdings Ltd. [5] - The IPO is being led by Goldman Sachs Group Inc. and JPMorgan Chase & Co., with plans for shares to trade on the Nasdaq Global Select Market under the symbol LIFE [5]

Group 1 - Goldman Sachs Group Inc's stock is down 1.1% to $546.02 following a downgrade by Oppenheimer from "outperform" to "perform," citing sluggish merger and acquisition activity as a significant challenge [1] - There is potential for further downgrades, with 13 out of 23 analysts currently rating GS as a "strong buy," and the consensus 12-month price target of $654.56 represents an 18.6% premium to the recent closing price [2] - The stock has experienced a 16.6% decline over the past month, although it has a year-over-year gain of 41.7% and is down 3.8% in 2025 from its all-time high of $672.19 [4] Group 2 - The options traders' sentiment is leaning bullish, with a 10-day call/put volume ratio of 1.74, ranking in the 75th percentile of annual readings, which may influence Goldman Sachs stock [3] - The $525 level appears to be forming a support floor for the stock [4]