Goldman

Indian stocks to stay flat 3 months as earnings, valuations weigh: Goldman

Wall Street brokerage, which remains tactically market weight on Indian equities, expects the benchmark Nifty 50 to hit 24,000 points in next three months, implying a gain of a little under 3 per cent

Goldman, Apple to pay $89 mn following CFPB probe of credit card JV

"Apple and Goldman Sachs illegally sidestepped their legal obligations for Apple Card borrowers," CFPB Director Rohit Chopra said in the statement

Segantii Capital to shut as insider trading charge draws redemptions

The executives said the hedge fund will wind down in a measured fashion, and deferred questions on compensation and jobs, the person added. The company said separately that it's suspending redemptions

Goldman, Microsoft, Cboe and others team up to launch blockchain network

Participants in the Canton Network, which will start testing some features in July, say the system offers better privacy and controls than currently available

Goldman Sachs profit falls in first quarter as dealmaking sputters

Goldman booked a $470 million loss on the sale as the bank rejigs its strategy after a foray into consumer banking, which Chief Executive David Solomon had championed for years, flopped

Deal activity has spiked in India despite global issues: Goldman Sachs MDs

In a Q&A, Rajat Sood and Som Krishna say their company isn't absolutely return-focused, but is a relative value investor that is looking out for bogh buyouts and minority stakes

Monetary policy: SPDs can offer all foreign exchange trade facilities

Decision comes after requests from foreign players; scope of existing licence was restrictive, say primary dealers

Goldman-backed beauty startup Purplle becomes India's newest unicorn

Online cosmetics retailer Purplle raised capital at a $1.1 billion valuation, becoming the second billion-dollar company to be created in India this week despite souring investor sentiment on startups

Goldman profit hit by weaker trading, rising expenses; shares tumble

The share decline put Goldman on course for its worst single-day showing since June 2020

China's economic risks build as Delta variant spreads, prices rise

Goldman, JPMorgan cut GDP growth forecasts amid virus cases

Venture capital starts 2021 with a bang after record Q4: Goldman

The 130% surge in year-to-date funding was led by Robinhood, Cruise Automation, Lalamove, Didi Cargo and Databricks, which cumulatively have raised over $9.4 billion

Goldman CEO David Solomon's pay drops $10 million over 1MDB scandal

Excluding that penalty, the board effectively kept Solomon's pay flat for the year

Goldman to pay $3 bn, claw back executive pay over role in 1MDB scandal

The scandal dates to the government of former Malaysian Prime Minister Najib Razak, which set up the 1MDB fund in 2009

Coronavirus pandemic eats away Goldman's profits as investment takes a hit

The Wall Street trading powerhouse on Wednesday also warned that it expects reduced revenue in its asset and wealth management businesses and a higher rate of client defaults

A busted Goldman airline deal is investigated by private detectives

Investors have hired a private intelligence firm to dig out details into how the deal came together

Goldman's Blankfein demands deepest cost cuts in years

Goldman Sachs Group Inc is embarking on its biggest cost-cutting push in years as it tries to weather a slump in trading and dealmaking, according to two people with knowledge of the effort.The firm, already expected to report a steep drop in expenses for the first quarter, recently began dismissing more support staff and is increasingly rejecting bankers' spending on airfare, hotels and entertainment unless it directly serves clients, the people said. For example, the company cut technology workers in London this week, one person said, and some employees in Europe aren't being permitted to take once-routine trips to other offices in the region, said another. Additional cuts are likely.Chief Executive Officer Lloyd Blankfein, 61, is trying to ride out a years-long bond-trading slump that's being compounded by market swings and stiffer regulations - challenges that have forced many competitors to scale back. He already has adjusted his workforce, relying more on junior bankers, moving s

Golden alarm bells

Goldman's $3 billion 1MDB bond had plenty of red flags