Page 13 - Goldman Sachs

Metro Cash & Carry may offer control to investor to fund expansion

Intends to raise $300-400 million as German parent unwilling to infuse fresh funds

All the world's a stage for unicorns

In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom

US at 'very, very high risk' of recession, says Goldman Sachs' Blankfein

Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession

Goldman Sachs allows workaholic senior staff to take unlimited vacation

Junior employees will be given at least two extra days off each year under the new policy introduced at the start of the month.

Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today

Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year

'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover

Initiative entails a pledge to plant one tree in and around Bengaluru for every Goldman employee in India by 2025

Markets not fully pricing in possibility of higher inflation: Analysts

India's March wholesale price index-based inflation (WPI) surged to 14.55 per cent on rising edible oil prices and increase in power prices. WPI inflation in February stood at 13.11 per cent.

Profits of four big banks decline as deal-making, mortgages slacken

The results from Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo were similar to the results out of JPMorgan Chase, which on Wednesday reported a double-digit decline in profits

Morgan Stanley beats estimates on stronger-than-expected trading, M&A in Q1

Morgan Stanley earned $258 mn in revenue from its equity underwriting business, down sharply from $1.5 bn a year ago, when it generated handsome fees from a spate of high-profile IPOs

Goldman Sachs' Q1 profit beats on strength in wealth management, trading

The Wall Street bank has also been taking measures under CEO David Solomon to diversify its revenue stream and earn more from predictable sources like consumer banking, wealth and asset management

Ankiti Bose, CEO of Singapore's Zilingo, suspended amid probe into finances

Bose has disputed allegations of wrongdoing and contends her suspension was due in part to her complaints about harassment, according to two people close to the situation

Former Goldman Sachs banker convicted in plot to loot 1MDB fund

Jurors heard nearly two months of evidence about tens of millions of dollars in bribes and kickbacks allegedly orchestrated by Malaysian financier and fugitive socialite Low Taek Jho

Goldman Sachs cuts 2022 FPI flow projection to India by over 80% to $5 bn

Equity inflows over the last three years from 2019-2021, according to a note by BofA Securities, totaled over $40 billion, out of which nearly $14 billion has left in the first quarter of 2022

Goldman Sachs sees gold prices hitting $2,500/oz by year-end

Earlier in January, Goldman Sachs had raised their 12-month gold price forecast to $2150 an ounce on the view that an impending US growth slowdown would lead to increased concerns of a US recession

Goldman sees Fed Reserve hiking rates by 50 bps at May, June meetings

Goldman Sachs expects the US Federal Reserve to raise interest rates by 50 basis points each at its May and June meetings, following hawkish remarks by the central bank's chair Jerome Powell.

Goldman Sachs to offer over-the-counter crypto options trading

The bank traded a non-deliverable Bitcoin option, a derivative tied to Bitcoin's price that pays out in cash, it said in a statement

Banks weigh on Wall Street after new Russia sanctions; Dow falls 440 points

The S&P 500 fell 44.39 points, or 1.01%, to 4,340.26, the Nasdaq Composite slipped 81.87 points, or 0.60%, to 13,612.75

Regulators are probing block trading on Wall Street, but what is a block?

The New York Stock Exchange defines a block as at least 10,000 shares or a quantity of stock having a market value of $200,000 or more, whichever is less

Ex-Goldman Sachs banker testifies 1MDB scheme a 'house of cards'

A former top banker at Goldman Sachs testified that he and other corrupt executives at the firm built a house of cards that was doomed to fall to try to conceal an audacious scheme

Ex-Goldman partner to testify against former colleague in 1MDB trial

Roger Ng, Goldman's former head of investment banking in Malaysia, is charged with conspiring to launder money and to violate an anti-bribery law