Goldman Sachs CEO David Solomon said on Wednesday it was important for the U.S. and China, the world's two largest economic superpowers, to improve their bilateral ties. His comments during an interview to CNBC at the World Economic Forum in Davos,

Goldman Sachs CEO, David Solomon, stressed the importance of strengthening bilateral ties between the U.S. and China, the world's two largest economic superpowers, during an interview at the World Economic Forum in Davos,

The global elite returned to the Swiss town of Davos this week as the Oxfam charity revealed that the rich are getting richer. The annual meeting of the World Economic Forum (WEF) comes amid climate disaster, war in the Middle East and Ukraine and Donald Trump’s inauguration.

What to expect from Davos 2025 The World Economic Forum is back in Davos. This is what to look out for this week

The chancellor has meetings planned first for the World Economic Forum’s annual Davos event, taking place this week in Switzerland, with executives including Toronto-based Ontario Teachers’ Pension Plan’s President Jo Taylor, Goldman Sachs Group CEO David Solomon, and J.P. Morgan Chase & Co. CEO Jamie Dimon on the list.

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

World Economic Forum professes to aim to ‘improve state of the world’ but is seen as schmoozefest for establishment elites

A well-placed venture capitalist helping craft Trump’s tech policy told NYNext that for the first time in years, “I don’t know anyone going to Davos.”

British Finance Minister Rachel Reeves will urge company bosses at the World Economic Forum meeting in Davos in Switzerland, to invest in the UK, emphasising its political and economic stability and pro-business government,

Goldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm's ill-fated foray into consumer banking.

JPMorgan CEO Jamie Dimon sounded the alarm on stocks in an interview today at the World Economic Forum in Davos, Switzerland, saying that the market looks overvalued. "Asset prices are kind of inflated, by any measure," Dimon told CNBC in Davos. He added that "they are in the top 10% or 15%" of historical valuations.

Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with a US regulatory asset cap, Bloomberg News reported on Tuesday. The portfolio includes so-called “jumbo mortgages”, issued to US homeowners with relatively high credit scores, with bids due next week, the report said.