Michael P. Regan, Columnist

Goldman's Shot Across LendingClub's Bow

The big guns of Wall Street are laying course for the fintech startups.

July 19, 2016 at 5:49 PM UTC

Michael P. Regan is the global team leader for cryptocurrencies at Bloomberg as well as a former senior markets editor and former Americas team leader for Bloomberg's Markets Live blog. He has covered Wall Street for Bloomberg News as a columnist and editor since 2007. He previously worked for the Associated Press.

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There wasn't a ton to get excited about in Goldman Sachs's earnings report on Tuesday.

Sure, per-share earnings beat analysts' estimates, but how excited can you get over beating an estimate that dropped like this?