This comes in the wake of the bank reporting a spectacular drop of 40% in its bond-trading revenues, which naturally has unnerved investors. In the wake of increased pressure from big investors who have grown frustrated by Goldman Sachs’ vague… Read More ›
The move underscores the trend among banks to lure and retain top talent who may not have been privy to Ivy League education. As per a senior Goldman executive, the Goldman Sachs Group plans on using a “personality test” as… Read More ›
There is a renewed investor interest in the company despite its lagging behind its peers in terms of size and profitability. In a significant development, San Francisco-based Twitter Inc has a former managing director of Goldman Sachs, who is also… Read More ›
While Nike has managed to rein in costs, its sales have exceed analysts’ expectation. Nike, the world’s largest footwear manufacturer has disclosed, it would be launching a pilot program with Amazon.com to sell a limited assortments of its wares on… Read More ›
The bank has reiterated that will continue to service its European customers regardless of its relocation efforts. Its services across Europe will not be affected by the move. As part of its contingency plans, Goldman Sachs Europe’s CEO has disclosed… Read More ›
During the last leg of 2016, with Donald Trump surprise victory, many asset managers had taken positions in financial stocks eyeing reduced regulations and potentially lower tax rates. The firm that invests the personal wealth of billionaire investor and philanthropist… Read More ›
The deal marks 2017’s first significant merger in the advisory, research and analysis industry. Gartner Inc, an IT research and an advisory company, has disclosed that it is set to acquire CEB Inc, a provider of business research and analysis,… Read More ›
Blockchain technology set to gain traction with investments from Goldman Sachs, JPMorgan, Barclays, ICAP, Thomson Reuters, etc. According to sources familiar with the deal, JPMorgan Chase & Co, the Goldman Sachs Group Inc. along with a group of other financial… Read More ›
The lawsuit involves several leading banks which have conspired to rig rate benchmarks, commodities and securities prices. The remaining defendants in the lawsuit are HSBC Holdings Plc, BNP Paribas SA Morgan Stanley, UBS AG, ICAP, Wells Fargo & Co and… Read More ›
Barclays exit isn’t surprising since many large investment banks have also minimized their profile in the energy trade following the 2008 financial crisis. While merchant traders have sought to fill its shoes, given their aversion to the futures market and… Read More ›
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