In a significant development U.S. District Judge Paul Crotty in Manhattan ruled that Goldman Sachs Group Inc will have to again face a class action by shareholders who said they lost $13 billion since the bank hid conflicts of interest when… Read More ›
In a statement, the National Football League (NFL) said, it was exploring strategic options for its media assets including partnerships with “interested parties”. The development comes in the wake of signing long-term deals with tech firms and bigger media companies…. Read More ›
A filing by SoftBank Group Corp shows, the company’s borrowings from banks have jumped by 42% in the year ending on March 31, with the increase shouldered by foreign lenders. Borrowing from SoftBank Group’s primary lenders shot up to $46… Read More ›
In a significant development, Tencent Holdings Ltd said, technology investor Prosus NV has sold 2% of its stake for $14.7 billion in what is said to be the world’s largest-ever block trade. In a regulatory filing with the Hong Kong… Read More ›
According to a report from Bloomberg citing sources familiar with the matter at hand, Karen Seymour, Goldman Sachs Group Inc’s general counsel is leaving the bank. Karen Seymour, Goldman’s top lawyer, played a pivotal role in negotiations the bank’s settlement… Read More ›
According to sources familiar with the matter at hand, Goldman Sachs Group Inc is buying General Motors Co’s credit card business for around $2.5 billion (£1.94 billion). According to a report from the Wall Street Journal, Goldman Sachs beat Barclays… Read More ›
In a significant development, Citigroup Inc has named Jane Fraser, the head of its consumer banking division, as its next CEO, marking her as the first woman to break the glass ceiling to lead a major Wall Street bank. With… Read More ›
In a significant development, a landmark report commissioned by the U.S. Commodity Futures Trading Commission, clearly states that climate change poses a “slow motion” systemic threat to the stability of the U.S. financial system, requiring urgent action from financial regulators,… Read More ›
In a significant development, the Goldman Sachs Group Inc has outlined plans to channel funds and advice projects that fight climate change, or help financially disadvantaged people saying it is not only the right thing to do but can also… Read More ›
The move underscores Goldman Sach’s new focus on getting better returns from its asset-management division. As per a report from the Wall Street Journal citing sources familiar with the matter at hand, Goldman Sachs Group Inc its private-investing arms and… Read More ›
manageria.biz 