Thanks to the new TCJA, the bank's deals could become a lot more lucrative.

Bankers, athletes and celebrities are suing Ingenious Media Holdings Plc, saying that they were misled about investments in the film industry that were later branded tax avoidance by the U.K. government.

Banks were among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institutions treating employees, customers and investors?

It was supposed to be the best of times for the biggest U.S. banks: Rising interest rates and corporate tax cuts would boost profitability and spur lending, while deregulation lowered costs.

Chalk up a win for capital expenditures.

Goldman Sachs Group Inc, Amundi SA and BlackRock Inc. were chosen to manage about 13 billion euros ($16 billion) in back taxes that Apple Inc. will pay to Ireland, bringing recovery of the cash a step closer.

Three of America’s most discreet billionaire philanthropists have emerged as the biggest donors to the Goldman Sachs Philanthropy Fund after the IRS accidentally revealed their identities.

Morgan Stanley said it will take a roughly $1.25 billion hit to earnings in the fourth quarter, becoming the latest bank to detail how profit will be hurt in the near term by the U.S. tax overhaul driven by President Donald Trump.

Goldman Sachs Group Inc. said the U.S. tax reform will cut profit this year by about $5 billion, mainly because of a tax targeting earnings held abroad.

Two Federal Reserve officials, both former Goldman Sachs Group Inc. executives, expressed doubt corporate tax cuts under consideration in Congress will lead to an investment or hiring boom.