Page 16 - Goldman Sachs

Goldman Sachs raises junior bankers' pay after burnout complaints

Goldman Sachs will now pay first-year analysts at least $110,000 up from $85,000, according to people familiar with the matter.

Goldman cuts Q3 Brent forecast to $75 a barrel on Delta demand hit

Goldman Sachs reduced its forecast for Brent crude oil to $75 a barrel for the third quarter, $5 lower than its previous estimate, as a surge in Delta variant COVID-19 cases takes a toll on demand.

Goldman Sachs to hire over 2,000 people by 2023 for Hyderabad office

Goldman Sachs said it's new office here will hire over 2,000 employees by 2023

Wall Street banks hike shareholder payouts after Fed gives the green light

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said they were hiking their capital payouts after the US Federal Reserve gave them a clean bill of health

Retail next growth engine for RIL with potential 10x PBT growth: Goldman

After growing 5x over FY16-FY20, RIL's core retail revenue growth has taken a pause in FY21 (April 2020 to March 2021) due to Covid related macro headwinds including lower footfalls

Goldman Sachs expands transaction bank to Britain for steadier revenue

Goldman Sachs has launched its transaction bank in Britain, the firm said Monday, expanding the business after launching in the United States last year as it looks for steadier sources of revenue

JPMorgan, Goldman, two other banks hired by Paytm for proposed $3 bn IPO

The board of the startup, formally called One97 Communications, also approved Morgan Stanley and ICICI Securities Ltd. to help with the sale, the people said, asking not to be identified as the matter

Wall Street's return-to-office divide laid bare by Goldman and Citi

Such divergences are popping up across Manhattan's mighty financial industry, creating pockets of optimism within the city's economy

'Too big to fail' may not apply in China anymore: Goldman Sachs Group

Even for large corporates or for state-related entities, policymakers are much less willing to extend support, analysts said

Oil rally has more room, Brent expected to hit $80 per barrel: Goldman

US investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent oil market rally will continue

Buffett bets on all-digital banks, but the world still needs Goldman Sachs

Big banks appear to be on the defensive against digital competitors, but they continue to hold the reins to large-scale credit.

Covid: Goldman Sachs tells US bankers to disclose vaccination status

The requirement, detailed in a memo sent to employees are steps Wall Street is taking to return operations to normal after most of the industry's employees spent more than a year working from home.

Wall Street CEOs get heat from Congress over social justice, fees & wokeism

the Wall Street bosses frequently found themselves under fire from both sides of the aisle, Democrats and Republicans

Wall Street bank CEOs to tout US Covid relief push before Congress

Wall Street bank chiefs will tout the role their institutions have played in getting the pandemic-hit US economy back on track when they appear before Congress this week

Markets underestimating oil demand; see Brent at $80: Goldman Sachs

International travel, according to Goldman Sachs is another key factor that is likely to trigger a demand rise, which in turn will keep oil prices elevated

Oil prices regain some losses amid potential Iran hitch; GS bullish

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remains intact

Goldman Sachs buys stake in contract research firm Aragen Life Sciences

Goldman Sachs on Wednesday said it has made an investment in Aragen Life Sciences for a significant minority stake in the contract research organization. It, however, did not disclose the value of the investment. Goldman Sachs's alternative investing arm Goldman Sachs Asset Management picked up shares in the company, which was earlier known as GVK Biosciences, from Chryscapital and other investors, as per an official statement. A media report on Monday had said Chryscapital will be selling its 17 per cent and promoters will dilute 16 per cent to give one-third ownership of the company to Goldman, and the total company valuation was pegged at USD 1 billion. Aragen is well positioned to benefit from the secular trend of increased outsourcing by the life sciences industry. With a clear value creation plan in place, we look forward to closely working with the management and shareholders of Aragen, Rajat Sood, managing director at Goldman Sachs Asset Management, said. He added that the

Warburg Pincus-Goldman joint venture to ramp up student housing business

The Goldman Sachs-backed company now has 18,000 beds across its tie ups with Manipal University, OP Jindal Global University and Shoolini University

Goldman Sachs lowers India growth forecast for FY22 to 11.1% amid lockdowns

A number of cities and states announced lockdowns of varying intensities to check spread of coronavirus infections

Rally in commodities still has plenty of room to run: Goldman and UBS

Raw materials are likely to surge 13.5 per cent in the next six months