The Securities and Exchange Commission wants to know how much of Goldman Sachs Group's trading revenue comes from commodities and mortgages. To that end, the agency is asking the Wall Street firm to break down its revenue by product. Goldman Sachs said it will comply.
Wal-Mart Stores' founding family is edging into the financial industry with an investment in Progress Financial, an institution that targets Hispanic consumers who don't have a bank account. Borrowers receive loans on a purchase card, which they can use as a debit card. Progress Financial has lent $550 million since 2006.